News
ThaiBev’s net profit slips 0.8% YoY in FY2024
ThaiBev’s net profit slips 0.8% YoY in FY2024
The decline was attributed to a downturn in its spirits and food businesses.
HSBC launches new loan programme to enhance business ESG performance
The firms’ sustainability performance will be evaluated through Ecovadis.
Singapore ranks second in APAC for mobile malware and global IoT attacks
Mobile malware in the Asia Pacific increased by 77% YoY.
Around 40% of APAC marketing leaders focus on Singapore for ABM strategies
42.5% plan to increase their ABM spending in 2024.
Tech solutions emerge as key to investor retention in Singapore
Singapore asset managers invest in tech to boost investor retention.
Daily Markets Briefing: STI down 0.14%; Top stock is SGX
SGX is the top stock with a 3.04% increase.
Private home prices see largest quarterly drop since 2020
Meanwhile, condo purchases rose for the third consecutive quarter.
SG startups enter Nordic market through EnterpriseSG’s new programme
The Stockholm node will be launched in Q1 2025.
Gov’t awards $40m to 12 projects to accelerate food innovation
The projects were identified through three different grant programmes.
Domestic wholesale sales fall 3.0% YoY in Q3 amidst industry declines
Petroleum & Petroleum Products impacted sales the most.
Foreign wholesale trade slips 2.4% YoY in Q3 as sectors struggle
General Wholesale Trade posted the largest decline.
Amos Group extends PeakBayou offer deadline
It was moved to 12 December.
JTC awards Kallang Way parcel to CapitaLand subsidiary
It bid $368.9m for the industrial site.
Nio widens net loss to RMB5.1b in Q3 with lower vehicle sales
Vehicle sales fell 4.1% YoY.
Soilbuild secures $85.5m contracts for industrial and housing projects
The contracts boosted the company's order book to $1.23b.
Singtel reappoints senior leaders in international and corporate roles
Anna Yip will take over its International Digital Services division.
Aleta Planet provides cross-border payments for China’s Jinnan
Fintech Aleta Planet to provide cross-border payments for China’s Shanxi Jinnan Steel Group
Commentary
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
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy