News
Over 10 Singaporeans make it in Forbes’ ‘30 Under 30 Asia’ list
Over 10 Singaporeans make it in Forbes’ ‘30 Under 30 Asia’ list
In total, 27 listees in various categories were from Singapore.
New home sales drop 58% MoM to 301 units in April
Year-on-year, sales fell 66%.
Singapore to redevelop Alexandra Hospital for active agaeing initiative
The redeveloped hospital will comprise around 1,300 beds.
Goodland reports a $3.5m net loss for 1H24
The company attributed its net loss to lower gross profit.
Singapore Grade A office rents up by 0.7% after two quarters decline
Tight supply and renovation costs drive rent increase.
Good Class Bungalow land at Jervois Hill up for auction
Unit land prices for GCBs have breached $2,685 (US$2,000) psf.
Yangzijiang Financial to seek approval for maritime diversification at EGM
The company will hold the EGM on 31 May.
Lawrence Wong sworn in as Singapore's new prime minister
He is the first prime minister born after Singapore's independence.
64% of companies attacked by ransomware in 2023: survey
Half of the cyberattacks led to data being encrypted.
Prime US REIT divests One Town Center to Miles Capital for US$82m
It sold the property below its valuation.
MSCI Global Standard Indexes drop five Singapore constituents
Only 16 SGX-listed stocks will remain in the MSCI Singapore section.
CapitaLand India Trust taps Gauri Nagabhushanam as CEO designate
He began his stint as CEO designate on 16 May.
SIA Group's passenger volume rises 17.8% YoY to 3.2 million in April
Despite the increase, the passenger load factor dipped to 87.2%.
Singapore Airlines' net profit soars 24% YoY to $2.7b in FY23/24
Record passenger revenue and load factors drove the increase.
Grab narrows 1Q24 losses by 54% YoY, boosts FY24 earnings outlook
Loss for the period was US$115m.
Strata retail units at PLUS on market for $3.8m-$7.75m each
Foreigners can buy the units with no ABSD or SSD imposed.
SATS names ex-Cisco executive as chairman-designate
Outgoing chair Euleen Goh will be appointed as advisor to the chairman.
Commentary
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
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