Singapore

Surbana Jurong and Hyundai partner to develop Small Modular Reactors

They will also explore projects focused on renewable energy.

Stephan Kapek appointed Shangri-La Singapore VP of Operations and GM

He will oversee all aspects of operations, including Shangri-La Apartments and Residences.

ISCA and AGD team up to build talent pool of public sector accountants

They will promote the SCAQ programme as a pathway to the Chartered Accountant title.

6 in 10 investors prioritise sustainability in their portfolios

They're keen despite recognising potential trade-offs.

Fullerton sells 1.21 million shares in ST Engineering for $5.65m

Post divestment, Fullerton's interest stood at 0.1713%.

Frasers Hospitality REIT Australia unit sees tax rate rise to 37.5%

With the higher tax, the unit expects a $1.3m drop in distributable income for FY2024.

Lee Keen Whye steps down as Santak Holdings board chair

He will leave the company after its GM on 30 October.

SGX securities trading turnover hits $30.4b, up 75% YoY

The bourse attributed its gains to the easing of monetary policies.

HDB issues $500m notes due 2034 at a 2.699% fixed rate

The notes are payable semi-annually in arrears.

HDB offers 8,573 flats under new classification framework in October BTO

These flats will make up over 40% of HDB’s new flat supply in 2024.

Trek Technology to acquire 20% stake in China Chips Star Semiconductors

The chip company recorded $4.44m in revenue with net assets of $4.11m.

New HSBC plan multiplies coverage up to six times

The plan also offers enhanced critical illness coverage.

S’pore and South Korea to elevate bilateral relationship to strategic partnership by 2025

PM Wong made the announcement in a joint press conference with President Yoon Suk Yeol. 

Bank of Singapore winds down Luxembourg operations

It has pivoted its focus on deepening its UK presence and has named a new general manager.