News
Singapore ranks 6th globally for bot traffic threats
Singapore ranks 6th globally for bot traffic threats
Bad bots accounted for 45% of the travel industry traffic in 2023.
DBS grants $92m green loan for wind turbine farm project in China
The project will generate renewable energy to power 90,000 households.
SingPost’s Australia review could lead to M&A or future IPO
A partial stake sale may also be in the works, according to UOB Kay Hian.
Singapore ranks 47th in the Global Business Complexity Index
The index described Singapore as a "relatively easy jurisdiction for business."
Temasek issues dual tranche of 10-year and 30-year offshore CNY bonds
The bonds will be issued under the US$25b Guaranteed Global Medium Term Note Programme.
Memiontec founders out on bail amidst CAD probe
They will continue in their executive roles at the company.
Informal caregivers provide $1.28b in value for aged care annually
This is equivalent to about 11% of the government's expenditure on healthcare.
Telecoms and computers lead 1.7% growth in foreign wholesale sales for Q2
The sector recorded a 14.1% QoQ uptick.
Spindex’s net profit surges 43.8% YoY to $15.6m in FY 2024
Earnings per share stood at $13.49.
Domestic wholesale sales rise 1.9% in Q2, driven by metals sector
The metals sector reported a 26.7% QoQ increase.
GuocoLand bags $847m green loan to fund Upper Thomson development
It plans to develop a 941-unit residential project on the site.
Sembcorp inks deal to export green ammonia from India to Japan
Nippon Yusen Kabushiki Kaisha will facilitate the export.
SATS returns to profit with $65m Q1 gain on strong business volumes
A one-off gain from a loan settlement also helped boost profit.
MAS banks on financial institutions to enforce robust IT security
All FIs in Singapore must comply with the Personal Data Protection Act (PDPA).
DiMuto raises US$5.9m in Series A round
The funding round was led by the Yield Lab Asia Pacific.
3-storey corner shophouse at 127 Jalan Besar on sale via EOI
The property is priced at $2,838 psf.
MSIG uses WhatsApp to streamline SME insurance process
SMEs constitute 99% of business in Singapore.
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