News
Good Class Bungalow land at Jervois Hill up for auction
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.
ST Telemedia GDC forms JV with VNG to develop data centres in Vietnam
The JV will facilitate the construction of a new data centre in Ho Chi Minh.
Seatrium bags FPSO integration contract from SBM Offshore
The company will commence work for the FPSO vessel in 3Q24.
Mooreast targets Taiwan's floating wind market with a new subsidiary
The company will fund the subsidiary internally.
UOB appoints Mark Tan as head of internal audit in Hong Kong
Tan will oversee all audit functions for UOB Hong Kong.
Deepfake fears grip 8 in 10 consumers
Only 7% of Singaporeans, however, have encountered deepfake.
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?