News

Singapore wage council names new chairman

Singapore wage council names new chairman

The ministry added that it had accepted Seah’s request to relinquish his appointment.

VP Bank Singapore names Vincent Koo as chief risk officer

Koo will be responsible for the Singapore branch’s risk, control, and operational functions.

Three Bukit Timah retail units hit market for $18.5m

The units are available individually or as a portfolio.

Ever Glory United files draft prospectus for Hong Kong dual listing

The announcement does not yet constitute an offer or invitation to purchase or subscribe for securities.

Medi Lifestyle to raise $8.8m via share placement

The placement shares will represent 23.95% of issued capital after completion.

Singapore ranks fourth in Asia’s top workcation cities

The city-state was recognised for its connectivity and digital infrastructure.

Keppel REIT sells Tokyo office for $91m, exits asset

The sale price was 28.4% above its 2022 purchase price.

MPA eyes 2027 release of maritime master plan

AI and maritime innovation are key priorities under the plan.

COSCO Shipping liquidates dormant Malaysian unit

This followed the voluntary winding-up announcement made in April.

Only 16% of Singapore’s wealthy have integrated wealth plans

More than half expect careers beyond conventional exit age.

Daily Markets Briefing: STI down 1.16%; Top stock is Sembcorp Industries

Sembcorp Industries is the top stock with a 1.84% increase.

New home sales jump fourfold to 731 units in July

But analysts expect activity to slow temporarily in August.

Singapore retailers face cross-border spending pressure

Groceries, fashion, and casual dining face the greatest exposure as Johor Bahru access changes where consumers shop.

Businesses double agentic AI adoption, but few transform processes: study

Only 10% have rebuilt processes for AI to handle multi-step business tasks.