News
Singapore joins group of highly transparent commercial real estate markets
Singapore joins group of highly transparent commercial real estate markets
Globally, it ranked 13th in market transparency.
HSA revokes licence of retailer for e-vaporiser violations
It seized over 120 e-vaporisers from the retailers.
Singapore ranks second globally for millionaire population density
There are 4,305 millionaires per 100,000 people in the city.
Keppel Infrastructure Trust to raise $200m through private placement
It will issue 456.6 million units.
Great Eastern backs MoH's pre-planning initiative with new legacy programme
This makes the insurer the first one to support the pre-planning campaign.
Wing Tai falls into the red in FY 2024 with $78.7m net loss
Lower revenue and operating profit drove the decline.
5-storey commercial building at 49 & 53 New Bridge Road on sale via tender
The tender will close on 8 October.
Business receipts in service industries rise 9.7% YoY in Q2 2024
Information and Communications led business receipts growth.
IPOS partners with various firms to raise IP awareness in Singapore
In Singapore, workers in IPR-intensive jobs are paid 9.2% more than those in non-IP-intensive jobs.
CapitaLand India Trust issues $150m notes due 2027
The notes are expected to be issued on 30 August 2024.
Economists mixed on MAS's next move amid stable July inflation
Inflation was unchanged at 2.5% YoY.
Manufacturing growth expected to pick up in Q4 2024, led by electronics
In July, output grew by 1.8% YoY.
Daily Markets Briefing: STI up 0.1%; Top stock is ThaiBev
ThaiBev is the top stock with a 2.97% increase.
Condo resale volumes rises 32.2% in July amidst post-school holiday activity
An expert predicts a quieter condo resale market in August due to the Lunar Seventh Month.
iX Biopharma widens net loss by 12% in FY2024
Loss per share stood at $0.0141.
Chuan Hup Holdings’ earnings slumps 66.0% in FY2024
Earnings per share stood at US$0.21.
Far East Orchard launches student housing fund, secures £70m in first close
The funding will be used to construct a 273-bed student accommodation project in Glasgow, Scotland.
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