News
IWG launches Regus at HarbourFront Tower 2 to raise workspace footprint
It opens in mid-August.
Parkway Life REIT priced 7-year fixed rate notes at $33m
The notes are due in 2030.
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.
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?