News
REIT Watch: Here are the top 10 S-Reits in H1
S-REITs generated 9.3% total returns.
Collection of LKY100 coins to begin in September
The central bank minted 4 million coins.
Gojek launch point rewards program with yuu, DBS
Users can earn up to 37 points for every $1 spent on Gojek rides.
SBS Transit bags Bukit Merah Bus Package operation
The five-year contract will start in April 2024.
Kenya-Singapore Bilateral Investment Treaty takes effect
The treaty was signed in 2018.
Seatrium commits support for subsidiary’s bond payment obligations
The interest rate margin has lowered since 18 August.
Raffles Assets receives lawsuit from international school, demands refund of property deposit
The refund worth $500m is from a proposed lease of 51 Merchant Road.
Daily Markets Briefing: STI fell 0.76%; Wilmar International is top stock
Wilmar International closed trading at 0.28% up.
Wilmar’s earnings trimmed to 22% in 2023 after ‘disappointing’ H1 earnings
Earnings will grow by 22%, 12%, and 5% for 2023 to 2025, analysts estimate.
Changi, Cairo airport firms partner to develop Cairo International Airport
This will involve a feasibility study for an area for cargo and logistics development.
NetLink NBN reports 6.2% revenue growth in Q1
EBITDA growth was moderate due to higher operating costs.
Exports drop 20.2% in July
Electronic and non-electronic domestic exports also dropped.
SingPost profit up 11.8% to $11.9m
The group is seeking to raise its postage rates to better cover cost of operations.
CCCS wants public feedback on proposed acquisition of Fujifilm and KMG
The public forum runs from 17 August 2023 to 31 August 2023 at 5 p.m.
Daily Markets Briefing: STI fell 0.52%; The top stock is Seatrium
The most active stock is Seatrium, trading 1.49% up.
Around 9 in 10 Singaporeans rebalance life priorities post-COVID
They are now prioritising connection with their loved ones and their well-being.
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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