News
Authorized and recognized unit trusts post net inflows of $897.58m in Q1
Authorized and recognized unit trusts post net inflows of $897.58m in Q1
For now, Morningstar sees global slowdown impact has yet to come to fruition.
Daily Markets Briefing: STI down 0.02%, Sembcorp Industries is leading
Sembcorp Industries and HongkongLand are the most active stocks.
China reopening gains remain limited to Singapore and other ASEAN-4 markets
The only upside to China's reopening is the potential increase in outbound tourism.
Chart of the Day: Prices of property sale listings grew 0.7% in Q1
It rebounded close to the data from the third quarter (Q3) of 2022.
Singaporean proptech Ohmyhome debuts on NASDAQ
CEO Rhonda Wong discusses plans for expansion and growth in Southeast Asia after the IPO.
About 9 in 10 CISOs say resigned employees contribute to data breaches
Over half of security leaders reported loss of sensitive data in the past 12 months.
Live pig exports to Pulau Buluan likely to be suspended for another year: SFA
The government halted its production and import of live pigs from Pulau Bulan in April 2022.
Mirae Asset Securities SG joins SGX as new trading member
The membership would enhance the company's Asia-centric investment strategies.
Sri Trang Gloves revenue crashes 35.6% to $180.7m YoY in Q1
It is due to the lower average selling price of gloves in the global market.
SG records 959 bankruptcy filings in Q123
The figure is higher than the application received in Q122.
UBS appoints new CFO following Credit Suisse’s takeover
Todd Tuckner will take on the CFO post at the close of the acquisition.
FLCT's Robert Wallace extends service until 1 August
Wallace resigned as CEO of FLCT’s manager in February.
OCBC hits record net profit, declares S$1.68 EPS for Q1
Net profit of S$1.88b is 39% higher than in Q1 2022.
6 in 10 Singaporeans fear that AI will replace their jobs
Despite the worry, most Singapore would delegate as much work to AI to lessen workloads.
SG retains lead in Asian outbound real estate investment
The Lion City’s investment reached US$28.284b.
Sasseur REIT EMA rental income dip 2.1% to $33.1m in Q1
But its DPU grew 1.5% to 1.849 cents.
Rental demand for HDB and private non-landed residential declines in Q2
PropertyGuru sees expatriates’ rental demand to be slower due to low expansion.
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