News
Securities turnover up 22% in August
It is the highest growth since March 2022.
SGX-listed Del Monte Pacific announces board reshuffle
The Board will also appoint additional INEDs within two months.
ST Telemedia GDC invests $4.2b for India data centre expansion
STT GDC India already has 28 data centres across 10 cities.
COTD: GenAI ranks amongst top business priorities for Singapore C-suites
87% of business leaders prioritise AI, but 95% are concerned about implementation challenges.
New SIA blueprint drives awareness and change in architecture
New framework from the Singapore Institute of Architects prompts industry adaptation.
Why angel investors remain optimistic despite startup failure rate
Nearly half reported positive gains, with 22% experiencing losses, whilst 36.1% did not track.
Wealth transfers to spur family offices’ growth in SG, HK
The two markets each manage $1.3t in offshore assets.
DBS names Calvin Ong as head of consumer banking in Singapore
Ong will take over from Jeremy Soo beginning 1 January 2025.
CCCS fines Rei Securite and ex-director over bid-rigging activity
The competition watchdog imposed $8,787 in total financial penalties on the two.
Singapore and India join hands on semiconductor ecosystem development
The partners will conduct policy exchanges.
Motor vehicles lift Singapore retail sales by 1.0% YoY in July
Excluding motor vehicles, sales would have dipped 2.3% YoY.
F&B sales growth slows to 1.0% YoY in July
In June, sales grew by 1.9% YoY.
NUS launches $39m alternative protein research hub
The centre aims to address global food security concerns.
CapitaLand Investment closes $194.4m blind pool fund deal in South Korea
The fund acquired a commercial property for $428.5m.
Singaporean property investors face tougher tax rules in Australia
The tax update could lead to penalties and reassessments potentially reaching tens of thousands of dollars.
Empyrion Digital enters Japan with 25MW AI-ready data centre
The construction of the data centre will commence in 2025.
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