News
HSBC to put Singapore trader Zenrock under judicial management
HSBC to put Singapore trader Zenrock under judicial management
Last month, the trader assured that it was not under financial stress.
One-stop HR platform StaffAny streamlines admin tasks
The platform reduces work dedicated to scheduling and time tracking.
RWDC Industries nabs $188.42m in series B funding round
The company will use the funding to meet growing demand for PHA.
Great Eastern's net profit crashed 90% to $33.9m in Q1
Total weighted sales rose due to growth momentum in Singapore and Malaysia.
UOB's net profit down 19% to $855m in Q1
Total impairment charges skyrocketed 96% to $286m.
OUE C-REIT's NPI up 42.5% to $62.08m in Q1
Mandarin Gallery, Mandarin Orchard Singapore and Crowne Plaza Changi Airport boosted NPI.
Daily Briefing: Singapore to ramp up factory activities as virus curbs ease; MCI, IMDA working with telcos to boost network capacity and internet connection
And d:tribe invests in Australian AI startup Shelfie.
Daily Markets Briefing: STI up 0.34%
DBS led the gains amongst top active stocks with a 0.66% expansion.
Chart of the Day: Occupancy of homes in OCR rose to 95.9% in Q1
It posted the highest occupancy rate amongst regions.
Logistics company Ninja Van bags $394.73m in series D round
B Capital Group, Monk's Hill Ventures and Grab participated in the round.
UOB extends $4b in loans to mid-sized enterprises
The bank also tapped MAS SGD Facility to help clients access funds at lower interest rates.
Olam breaks off $156m deal on US onion and garlic facility
Mesirow has been unable to secure the required debt and equity financing.
Insurance regulators extend COVID-19 coverage to CCF, CRF patients
Patients may claim hospital cash benefits for a maximum of 14 days.
Sasseur REIT's first-day spring sales skyrocketed 411% from reopening
Chongqing nabbed the largest share of the first-day spring sales at $5.16m.
Lendlease REIT's NPI up 4% to $16.6m in Q1 from IPO forecasts
Its DPU rose to 1.28 cents from 1.27 cents.
Keppel appoints Evercore Asia as financial adviser
This is despite the pre-conditions not being met as of now.
SGX, AMTD partner to enhance connectivity between financial markets
The collaboration aims to support entrepreneurs through its initiatives.
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
Rethinking fleet ownership in a changing business landscape