News
Singapore Institute of Advanced Medicine Holdings to raise $26.2m in IPO
Singapore Institute of Advanced Medicine Holdings to raise $26.2m in IPO
The company’s IPO was 1.01 times subscribed.
SIAEC posts higher net profit of $26.9m in 3Q23/24
The 3Q23/24 record is an improvement of $14.1m year-on-year.
Tang Congliang steps down as SIIC Environment CFO
He will be leaving the company to pursue “personal development.”
ASEAN stock exchanges collaborates to develop sustainability framework
Creating an ESG ecosystem is amongst the initiatives to drive sustainability in ASEAN.
Non-oil domestic exports grow 16.8% YoY in January
Both electronics and non-electronics NODX rose last month.
SIA Group’s passenger volume soars 23.1% YoY in January
The group carried a total of 3.2 million passengers.
SG, Indonesia ink LOI on carbon capture and storage collaboration
The two countries will work on a legally binding bilateral agreement.
Analysts keep 2024 growth forecasts steady despite lower-than-estimate GDP
RHB sees the economy rising 2.5%, UOB projects 2.9% growth this year.
More than half of Singaporean firms have hiring plans this year: survey
Majority rely on recruitment agencies to fill their ranks
Daily Markets Briefing: STI up 1.13%; The top stock is DBS
DBS is the top stock with a 2.333% increase.
Logistics rents climb 8% YoY in 2H23
Singapore had the sixth-highest rent growth in APAC.
Budget 2024: 3 tax strategies to offset BEPS 2.0 effects
Should the directive be implemented, selected MNEs will be subject to a global minimum tax of 15%.
Tax strategy for digitalisation and ESG proposed to Singapore
KPMG and SBF propose new tax initiatives to bolster Singapore's competitiveness ahead of Budget 2024.
Singapore firms’ Budget 2024 wishlist
Businesses are hoping the government will tackle AI adoption and upskilling.
GlobalFoundries' revenue declines 9% in 2023
The company’s net income also decreased 30%.
1 in 3 S’poreans visit Johor Bahru monthly for leisure
1 in 3 S’poreans would like to live and retire in Johor Bahru
New private home sales record lowest drop in 16 years
Delays in obtaining sales permits impacted new launches.
Commentary
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
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