News
Petroleum sales slump drives 1Q24 domestic wholesale trade decline
Petroleum sales slump drives 1Q24 domestic wholesale trade decline
Sales of petroleum and petroleum products dropped 21.0% YoY.
Local vegetable and seafood production dip in 2023
Energy price hikes and rising manpower costs impacted local production.
Singapore Airlines and Garuda Indonesia ink frequent flyer agreement
Programme members can earn and redeem miles on codeshare flights.
OUE Limited offers $1.25 per share in buyback proposal
The company plans to buy back 84,038,036 shares.
TSH Resources Berhad profit drops 34% in 1Q24
The company attributed the dip to revenue decline.
MAS bars ex-DBS rep from financial advisory work for 5 years
Hafiz was convicted to one count of abetting an offense on May 2022.
Hong Lai Huat shareholders OK disposal of HLHI and HLHA Cambodia
The sale is worth around $50.57m (US$37.5m).
6 in 10 Singaporean families embrace AI for travel planning
Popular media also influences their travel choices.
Seatrium bags Favoured Customer Contract from Hyundai LNG Shipping
The deal involves repairing and upgrading of Hyundai's LNG ships.
Singapore's share of DDoS attacks in APAC climbs to 11%
It holds the fourth-highest share of DDoS attacks in APAC.
Daily Markets Briefing: STI down 0.1%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 2.34% increase.
Singapore-based firms top private equity deals in Southeast Asia: EY
Private equity activity across the region went up 31% to U$586m last quarter.
NetLink NBN Trust continues to offer high yields, safety: analysts
UOB Kay Hian and CGS maintained a “buy” rating.
Slow payments fall to near two-year low in Q1 2024
The construction, manufacturing, and services industries all saw a QoQ decrease in slow payments.
IHH Healthcare unveils proton therapy centre for cancer treatment
The Mount Elizabeth Proton Therapy Centre offers specialised cancer treatment in Singapore.
Tourists boost casual apparel and dining spending in Singapore
Spending on luxury apparel and fine dining also rose.
Chasen expects loss in FY24 amidst development of logistics centre
Its corporate office is being redeveloped as a distribution centre.
Commentary
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?