Singapore Business Review

Singapore ranks 9th most crypto-friendly country in the world
It costs $107,415 to mine one bitcoin in Singapore.
NBN CEO Stephen Rue to lead Optus
Coinciding with Rue’s appointment is the introduction of a new governance model.
LHN Limited Warns of a profit dip in 1H24
It expects a $14.5m profit for the period.
First Sponsor Group raises stake in Dutch firm NSI
The acquisition will increase the group's stake to 13.52%.
King of Malaysia to visit SG on state tour from May 6-7
He will be observing Parliamentary proceedings during his visit.
Korea joins digital economy agreement founded by S'pore, Chile, and New Zealand
Korea was the first member to join through accession.
HDB resale prices up 6.0% YoY in April
Month-on-month, prices rose 0.9%.
Venture Corp net profit drops 18.3% YoY in 1Q24
Revenue for the period also fell.
F&B sales growth eases to 5.0% YoY in March
In February, sales grew by 14.8% YoY.
Chubb, Maryland to discuss $350m compensation deal: Report
Analysts anticipate total insurer payouts could reach $4b.
Seatrium nabs FPSO topside integration deal for Guyana project
The contract involves the installation of modules onboard FPSO Errea Wittu.
Retail sales rise 2.7% YoY in March
On a month-on-month comparison, however, sales fell 1.0%.

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Exclusives

Exclusives

HR & Education New guideline restricts rejections of flexible work arrangement requests to business factors
By December this year, employees whose requests were rejected based on bias can seek union aid.
Food & Beverage Startup future-proofs coffee with bean-free alternative amidst climate crisis
Prefer transforms surplus ingredients like day-old bread, soybean pulp, and barley grains into bean-free coffee.
Financial Services Industry boosts accounting appeal with new roles, education programmes
There has been a 10% decrease in accounting degree students at universities in Singapore.
Markets & Investing 20 Hottest Startups of 2024
Sustainability-focused startups dominated the list.
Commercial Property Colliers transforms Singapore office into regional powerhouse
The newly revamped office showcases Colliers’ commitment to innovation, collaboration, and sustainability.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Sustainability, biomedical startups draw investors, founder focus
A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).

Top News

Singapore ranks 9th most crypto-friendly country in the world
It costs $107,415 to mine one bitcoin in Singapore.
NBN CEO Stephen Rue to lead Optus
Coinciding with Rue’s appointment is the introduction of a new governance model.
LHN Limited Warns of a profit dip in 1H24
It expects a $14.5m profit for the period.
First Sponsor Group raises stake in Dutch firm NSI
The acquisition will increase the group's stake to 13.52%.
King of Malaysia to visit SG on state tour from May 6-7
He will be observing Parliamentary proceedings during his visit.
Korea joins digital economy agreement founded by S'pore, Chile, and New Zealand
Korea was the first member to join through accession.
HDB resale prices up 6.0% YoY in April
Month-on-month, prices rose 0.9%.
Venture Corp net profit drops 18.3% YoY in 1Q24
Revenue for the period also fell.
F&B sales growth eases to 5.0% YoY in March
In February, sales grew by 14.8% YoY.
Chubb, Maryland to discuss $350m compensation deal: Report
Analysts anticipate total insurer payouts could reach $4b.
Seatrium nabs FPSO topside integration deal for Guyana project
The contract involves the installation of modules onboard FPSO Errea Wittu.
Retail sales rise 2.7% YoY in March
On a month-on-month comparison, however, sales fell 1.0%.

Exclusives

HR & Education New guideline restricts rejections of flexible work arrangement requests to business factors
By December this year, employees whose requests were rejected based on bias can seek union aid.
Food & Beverage Startup future-proofs coffee with bean-free alternative amidst climate crisis
Prefer transforms surplus ingredients like day-old bread, soybean pulp, and barley grains into bean-free coffee.
Financial Services Industry boosts accounting appeal with new roles, education programmes
There has been a 10% decrease in accounting degree students at universities in Singapore.
Markets & Investing 20 Hottest Startups of 2024
Sustainability-focused startups dominated the list.
Commercial Property Colliers transforms Singapore office into regional powerhouse
The newly revamped office showcases Colliers’ commitment to innovation, collaboration, and sustainability.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Sustainability, biomedical startups draw investors, founder focus
A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).

Join the Singapore Business Review community