News
Daily Markets Briefing: STI up 0.29%; Frasers L&C Trust is top stock
Daily Markets Briefing: STI up 0.29%; Frasers L&C Trust is top stock
Frasers L&C was trading at 1.63% up.
Is AI a friend or a foe to Singaporeans?
Four in 10 fear AI will replace their job in the next five years.
Cyber Security Agency of Singapore renews collab with FS-ISAC for cybersecurity efforts
It will improve information sharing and cyber exercises.
EMA awards grants to 3 local energy startups
The startups that received the grant were Power Facade, Ampotech, and EtaVolt.
Four adjoining new F&B, retail units for sale
The indicative price for Tedge Retail is $18m.
Katong Shopping Centre for sale for $638m
Submission of offers ends on 14 August at 3 pm.
Average private rentals for 3-bedroom down 3.2% MoM in May
But year-on-year, rents for this category grew 17.8%.
EC World REIT extends long stop date for divestment of 2 assets in China
As of date, only RMB333m out of RMB1.4b equity consideration has been prepaid to EC World REIT.
ComfortDelgro unit to distribute China-made EVs in SG
The EVs are manufactured by ChangAn KuaYue.
Keppel bags US$70m worth of EaaS contracts in Vietnam
The company inked contacts with Republic Holiday Inn amongst others.
SIAEC, Eaton form maintenance, repair and overhaul JV in Malaysia
Forty-nine per cent of the JV’s shares will be held by SIAEC.
Almost half of Singaporeans work 10 unpaid hours a week: report
Singapore has the second-highest number of unpaid hours worked in Asia-Pacific.
OCBC, Ascenda to offer more transfer options for rewards currencies
It is now available to OCBC customers holding Travel$, Voyage Miles and OCBC$ rewards balances.
MPA seeks proposal to design full-electric harbour craft
Proposals can be submitted by 15 September 2023.
DBS sells 77.8% stake in AXS to Tower Capital Asia
AXS became a subsidiary of the bank in 2006.
What to expect from gov’t Supply Chain Management talent initiatives
Singapore will create 700 new career openings in the industry.
Grade A office building in Orchard Road for sale for $470m
Expression of interest submission for VisionCrest Commercial ends on 17 August at 3 pm.
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