News
Venture Corp net profit drops 18.3% YoY in 1Q24
Revenue for the period also fell.
F&B sales growth eases to 5.0% YoY in March
In February, sales grew by 14.8% YoY.
Chubb, Maryland to discuss $350m compensation deal: Report
Analysts anticipate total insurer payouts could reach $4b.
Seatrium nabs FPSO topside integration deal for Guyana project
The contract involves the installation of modules onboard FPSO Errea Wittu.
Retail sales rise 2.7% YoY in March
On a month-on-month comparison, however, sales fell 1.0%.
Insurance incentives sweeten EV deal for consumers
Tax incentives and the introduction of charging stations are boosting the EV market.
Singapore leads APAC in attracting cross-border capital
Overseas investments made up 45.6% of Singapore's capital in 1Q24.
Ransomware attacks in Singapore businesses decline this year
The majority of businesses pay ransoms to restore data.
SIA taps WebCargo to expand cargo services
The partnership opens access to more markets, especially in Asia-Pacific.
Motorists fain flexibility in ERP unit placement
The enhancements follow motorist complaints about safety.
PMI slips to 50.5 in April
It dipped by 0.2 points from March.
Dasin Retail Trust officials deny misconduct allegations
The embattled officials also declined to vacate their posts.
CLINT acquires 2.5 million square feet of IT buildings in India
It will acquire the buildings from Phoenix Group.
9 in 10 Singaporeans value integrated financial and sustainability reporting
About 96% are also prioritising ESG reporting more than previous years.
Keppel Infrastructure Trust’s income hit by distribution and storage segment setback
Distributable income fell 29.1% YoY to $50.9m in 1Q24.
ST Engineering names new group COO
Jeffrey Lam’s new post is concurrent with his role as president of the commercial aerospace unit.
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