News

Olam completes $492m Mindsprint sale to Wipro

It intends to distribute net proceeds to shareholders progressively through special dividends.

Daily Markets Briefing: STI up 0.15%; Top stock is ST Engineering

ST Engineering is the top stock with a 4.05% increase.

INSEAD highlights opportunities to strengthen immersive learning in Singapore

Ithai Stern says global universities are accelerating VR and AI education whilst local adoption remains limited.

AI hype exposes companies’ human knowledge gap

INSEAD’s Phanish Puranam says firms still rely on employee judgment despite rising AI adoption.

AI literacy gaps expose Singapore firms to tool misuse

INSEAD’s Philip Parker says businesses risk misunderstanding AI beyond ChatGPT-style systems.

JustCo prices $100m SGX IPO at $0.94 per share ahead of 22 May debut

Cornerstone investors have locked in 70% of expected gross proceeds.

MAS to scrap mandatory financial advice for complex investment products

ILPs will now require product highlights sheets under the revised framework.

CAAS, NTUC roll out $2.6m aviation early-career mentorship scheme

Ground handling and line maintenance staff will get priority mentorship for over five years.

Forvis Mazars names actuarial partner to boost APAC insurance practice

The Singapore hire expands insurance advisory amidst IFRS 17 and M&A-driven demand.

New SBF-EnterpriseSG centre to advise firms on financing access

CEFA will also roll out capacity-building programmes with ISCA Academy later this year.

Hudson Place Residences clears 196 units at launch weekend

Th 60% take-up rate is higher than neighbouring residences. 

SIA April passenger traffic up 7% on spillover demand to Europe, US

Budget carrier Scoot outpaced the main airline with a 91% load factor.

Firms lag in sovereign AI adoption, NTT DATA says

APAC firms cite cloud security gaps and data rules as barriers.

NHG Health, Singtel deploy 5G teleconsultation in Singapore clinics

About 40 sites move to dedicated SIM connectivity amidst remote consultations push.

Manulife Singapore to offer multi-cancer blood test starting May

This will be rolled out through its Guardant Health partnership.