News
Top Glove returns to the black with 159% Q2 net profit surge
Top Glove returns to the black with 159% Q2 net profit surge
The company recovered from a net loss of $15.5m (MYR51.2m) in Q2 2024.
Keppel Infrastructure Trust completes sale of 50% stake in Philippine Coastal Storage & Pipeline Corporation
It no longer holds any equity stake in PCSPC.
CIOs prioritise digital infrastructure for sustainability goals
Nearly 99% of CIOs say they have intelligent digital infrastructure in place.
Daily Markets Briefing: STI up 0.59%; Top stock is ST Engineering
ST Engineering is the top stock with a 5.18% increase.
Six in ten Singapore employees would quit due to a lack of belongingness
67% of Gen Z workers indicated they would resign if they lacked a connection to their workplace.
Freehold 4-storey shophouse at Outram Road for sale at $12m
The shophouse, refurbished in 2021, has an estimated gross floor area of 4,600 sq ft on a 1,531 sq ft site.
Sincap Group to acquire Skylink APAC for $42.3m in reverse takeover
Skylink APAC operates one of Singapore’s largest commercial leasing fleets, with over 1,200 vehicles.
SAP Labs, NUS launch programme to train AI researchers
The programme aims to recruit and train nine researchers by 2030.
Mapletree Pan Asia Commercial Trust and subsidiary acquires HK$600m loan facility
The facility is guaranteed by DBS Trustee Limited.
Citi Private Bank unveiled new philanthropy advisory solutions in Asia
Services include donor-advised funds or funding donations through charity partners.
The Bugis Collection portfolio on sale via EOI
The properties are available for bulk purchase or piecemeal acquisition.
Mapletree Logistics Trust completes sale of warehouse property in Malaysia
The REIT now has 180 properties in its portfolio.
JTC awards Kaki Bukit tender to Primetop Engineering for $11.83m
It was the only bidder for the site.
Competition regulator says no guidance yet on Grab and GoTo merger
The commission said it is aware of news reports of a possible merger.
Gov’t launches scheme to support local heritage businesses
The scheme will be piloted from 20 March to 18 May.
HEINEKEN debuts Global GenAI Lab in Singapore
The initiative is a collaboration with AI Singapore.
Trendlines Group probes Singapore subsidiary for misappropriation of funds
The misappropriations were carried out by the subsidiary’s CEO.
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Commentary
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