News
Sembmarine files notice of three consecutive years of losses
Sembmarine files notice of three consecutive years of losses
The company’s latest 6-month average daily market capitalisation stood at S$4.77b.
Further money policy tightening may be unlikely due to banking sector turmoil
The central bank’s tightening is still unchanged amidst economic risks.
Chart of the Day: Gen Zs optimistic but cautious about crypto
More than two in 10 said they want to take a wait-and-see approach.
Singapore hotels average room rate surges 48% in February
The occupancy rate was undaunted, increasing by 13.26 percentage points from January.
Singapore and Malaysia launch cross-border QR code payment links age
Person-to-person fund transfers are targeted to finish by year-end.
STB taps FLCT to increase tourist visits
Both companies will promote Singapore in key travel markets.
Goh Wei Boon to helm GovTech
He was formerly the head of CSIT.
Mirae Asset Securities is SGX’s new DLC issuer
It is listing 10 new DLCs, with the first set of DLCs to be offered in US dollars.
IMDA partners with industry players for live cross-border trade
The first shipment was from Singapore to Thailand during the first quarter of 2023.
CEO of United Hampshire REIT Management steps down
Robert Schmitt will end his stint as CEO on 1 May.
Keppel Infrastructure unit, Sabana Industrial REIT ink deal on sustainability solutions
Under the deal, PV solar panels will be installed in the REIT’s selected properties.
Mapletree Logistics Trust prices new units under private placement at $1.649
It will issue a total of 121,285,000 new units.
Sembmarine clinches largest offshore renewable project
It secured an agreement consisting of three contracts valued at $2.8b (€2b).
Negotiations on Telkom-Telkomsel integration ongoing – Singtel
Telkom is eyeing to integrate its fixed broadband business into Telkomsel.
PMET makes up more than half of vacancies in 2022
Its share of vacancies rose to 56% in 2022 from 53% in 2021.
Less than half of consumers will stop buying from a brand due to data privacy expectations
Singaporean data is higher than the global average of 41%.
Boost from China reopening may skirt Singapore’s technical recession: analyst
Maybank said the possibility of a recession went up 30% from 22% in March 2008.
Commentary
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