News
Schneider Electric launches $110m Hub Asia
Schneider Electric launches $110m Hub Asia
The new warehouse is expected to increase operational capacity by 30%.
HSBC Singapore opens new HQ
The new office will house 4,000 employees.
Around 2.9 million Singaporeans may get up to $200 cash payout
The government raised the Assurance Package by $1.4b.
Ming Arcade is up for sale via public tender
The freehold commercial site is located 50 meters away from Orchard Road.
Rents for modern high spec warehouses expected to rise in 2023
It will be underpinned by industries such as logistics and food.
Daily Markets Briefing: STI up 1.02%; Mapletree Pan Asia is top stock
Mapletree Pan Asia Commercial Trust led the index.
MAS, UNDFC to develop integrated financial ecosystems for MSMEs
The project will focus on enterprises from least developed countries.
MAS inks regional payment connectivity memorandum with 4 SEA countries
The MOU will pave the way for faster and cheaper cross-border payments.
Iswaran says Singapore and Germany can deepen collaboration in two areas
Germany is one of Singapore's trade partners in the EU.
CCCS seeks feedback on the acquisition of YE Corporation's aviation equipment business
The aviation equipment business is being acquired by Oki Electric.
Frasers Property Limited posts attributable profit of $928.3m in FY22
This translates to a dividend of $0.03 per share.
First Resources Limited’s net profit surges threefold to US$253.8m in 9M 2022
EBITDA is also 91.2% higher than a year ago.
SG inks sustainability and innovation pact with Germany
They will promote private sector-led collaborations across sectors such as advanced manufacturing.
Sembcorp unit to acquire Vector Green for $474m
Vector Green has renewable power generation assets across 13 Indian states.
Yangzijiang Shipbuilding new order wins more than doubled 2022 target
The total year-to-date (YTD) order wins was at $5.7b.
Daily Markets Briefing: STI up 1.74%; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding was the top active stock with a 7.81% increase.
Chart of the day: Older firms are more likely to have corporate websites
Only three out of 10 firms who are aged 5 years or younger have websites.
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