News
FIDReC reports 45% YoY rise in claims for FY2024
FIDReC reports 45% YoY rise in claims for FY2024
64% of the completed claims were filed against banks, finance companies, and credit bureaus.
Foodpanda warned over misleading ‘Pandapro’ subscription advertisement
This is due to its “free delivery on all restaurants” claim.
Mermaid Maritime appoints new independent director
The appointment took effect on 20 November.
SEAS, KPMG launch AI-powered decarbonisation platform for businesses
The platform will support funding and solutions for decarbonisation projects.
Hanwha Ocean closes conditional cash offer for Dyna-Mac with 95.15% ownership
This will enable Hanwha Ocean to delist Dyna-Mac
Wenzhou-Singapore direct flights to start on 24 December
It will be operating three flights per week.
Soilbuild Construction bags $85.5m contracts in Singapore
Soilbuild will work on Projects in Tampines and Bedok.
ResMed partners EDB to expand Singapore operations
The company will increase its production capacity and advance its technology in Singapore.
Netflix remains the leading streaming platform in Singapore
Netflix’s market share in Singapore slipped 2% in Q3 2024.
Daily Markets Briefing: STI down 0.18%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 2.42% increase.
Rex International records 10,027 barrels per day from Norway and Oman in October
Brage and Yme fields contributed 7,637 boepd; whilst Yumna field contributed 2,555 stb/d.
Moderate HDB rental growth seen in 2024 as leasing activity improves
OrangTee forecasts 2%-3% growth; whilst Huttons 3%-4%.
Condo rental market shows stability in 2024 as demand improves steadily
This is despite condo rental transactions dropping by 7.5% in October.
Oneteam raises $3.5m in seed funding round
The fund will mostly be allocated to acquire small businesses.
New aquaculture plan to boost high-quality fish egg supply and hatchery upgrades
It also aims to equip workers with modern aquaculture skills.
Condo rents rise 0.5% MoM in October but fall 2.8% YoY
Volume fell on a sequential basis.
NTU LKC Medicine’s new network embeds patient insights into med research
The network currently includes 40 patient partners from different backgrounds.
Commentary
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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