News
Lendlease Global Commercial REIT becomes first S-REIT to achieve net zero target
Lendlease Global Commercial REIT becomes first S-REIT to achieve net zero target
Amongst efforts done by the REIT include a 12% reduction in electricity consumption.
MPA holds multi-agency drills on ferry safety
Nine vessels, a helicopter and about 200 staff were fielded.
MOM mulls 4 changes to workpass framework
This includes a new Overseas Network and Expertise Pass.
MAS unveils additional measures to safeguard retail investors vs crypto risks
Consumers are still "irrationally oblivious" about the risk of crypto trading, said MAS.
ESR LOGOS REIT mulls acquisition of ESR Sakura Distribution Centre
The acquisition is expected to be up to 2.9% DPU accretive to unitholders.
Nine strata retail units at Far East Plaza on sale for $23.6m
Each unit ranges from $2.1m to $5.6m.
Chart of the day: Manufacturing output growth slows down in July
Manufacturing output grew by only 0.6% compared to 2.6% in June.
9 in 10 businesses expect to increase technology use in the next 12 months
Singapore has the highest percentage of RPA users amongst seven markets surveyed.
Market update: STI down 0.74%
DBS stocks dipped by 0.88%
Singapore and Indonesia team up on cross-border payments connectivity project
This will launch in the second half of 2023.
Frasers Property appoints new Group Head of People
The new group head is a seasoned veteran with over two decades of experience.
Thomson Medical group chief steps down
The board said a potential successor has been identified and will be announced soon.
Thomson Medical profit balloons 572.7% to $41.27m in H1
Higher profits were boosted by several factors including increase patient load.
Sinopec interim profit soars by 10.4% on stronger oil and gas prices
The group reported an interim income of $8.85b.
Locals, permanent residents’ income hike to impact private homes prices: Savills
A study showed that Singaporean’s salaries will increase 3.5% in 2022.
Chart of the day: Private residential launches picks up in Q2
However, this was still lower than the launches in same period in 2021.
Market update: STI up 0.05%
Keppel Corporation logged the highest gains.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia