News
CIMB Singapore plays to its strengths as neobanks loom
CIMB Singapore plays to its strengths as neobanks loom
The bank is gearing up its tech and customer-employee experience amidst an increasingly tech-centered industry.
URA awards tender for Canberra Drive site to UOL unit's JV
The 99-year leasehold site has an area of 296,719 sqft.
Hyflux gets green light for leave to convene scheme meetings
The water firm first filed its application on 15 January.
Daily Briefing: Only 13% of employers could boost headcount in Q2; Fashiontech VC Lyra Ventures launches global fund
And logistics company Ti2 has been fined for making false declaration on fair hiring.
Chart of the Day: Singapore amongst top countries with highest coronavirus recovery rate
A total of 93 cases have fully recovered from the disease.
Daily Markets Briefing: STI up 1.8%
SGX led the gains amongst top active stocks with a 6.37% expansion.
ST Telemedia bags majority stake in India-based cloud firm
The firm had previously invested in two other cloud firms in 2018 and 2019.
Auction listings hit record-high in 2019 with 1,458 listings
Residential properties led the listings with 798 units.
Weak profit outlook taints Q2 business sentiment
Organisations are least optimistic with new orders and net profits.
About 56.5 hours lost per employee due to technology-related stress
70% of employees said data-overload led to workplace stress.
Condo resale volume stumbled 13.1% in February
Prices also fell 0.8%.
DBS CEO Piyush Gupta's pay rose 2.28% to $12.13m in 2019
The bank’s total income grew 10% for the period.
CH Offshore records losses for third straight year
Loss after income tax narrowed 51.2% to $19.48m in 2019.
Share of women in line management roles declined in 2019
The percentage fell to 38% in 2019 from 45% in 2018.
Card payments market to hit $158b in 2023
Credit cards took the lion’s share in market value at 60% in 2019.
Daily Briefing: Initiatives eyed for HDB green towns; Hiring platform Sama raises US$1.15m in seed round
And a group of restaurants will send food to frontline healthcare workers amidst the outbreak.
Daily Markets Briefing: STI down 6.03%
Keppel Corp saw the sharpest decline amongst top active stocks with a 9.65% contraction.
Commentary
Banks need to rethink identity governance for AI agents
As Singapore broadens retail investing, who moves before the news?
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions