News
SMRT trains’ PAT plunges 82% YoY to $7.5m as costs surge
SMRT trains’ PAT plunges 82% YoY to $7.5m as costs surge
Higher electricity and staff costs offset the 8% YoY revenue increase.
MAS rebukes registered fund manager for non-compliance to licensing rules
A two-year prohibition order was also issued to its executive director for failure to ensure the company’s compliance.
ComfortDelGro and Pony.ai ink MoU on global robotaxi deployment
The partners will co-develop tailored safe and sustainable autonomous vehicle (AV) solutions.
Warburg Pincus and Lendlease complete life sciences real estate JV
Each partner will contribute 50% of the co-investment capital over the next few years.
Daily Markets Briefing: STI up 0.06%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 4.35% increase.
Singapore’s real estate to outperform in cross-border investments
Knight Frank expects Singapore to account for 11% of cross-border capital trade in 2024.
MPA, Microsoft to boost maritime safety and sustainability
It plans to adopt cloud computing, AI, data analytics, robotics, and cybersecurity.
Traditional advertising loses grip on Singapore's consumers
Nearly half of Singaporeans rely on word of mouth when it comes to shopping.
Singapore Clinical Research Institute launches portal for clinical trials
The platform offers information on available research grants, training opportunities, and more.
Singhealth launches new Centre for Global Nursing
The group’s initiative is aligned with WHO’s global strategic directions for strengthening nursing and midwifery.
KTC Civil Engineering bags $590m contract for CR19 Jurong Lake District station
It will begin construction work in the fourth quarter of 2024.
SIA and IBS Software to develop a shipment record solution
The partners have completed the first phase of the project.
Two adjoining shophouses in the Jalan Besar up for sale via EOI
The EOI ends on 29 August.
Hong Leong Asia names Josephine Lee as new CFO
Lee was previously the CFO of Frasers Hospitality Asset Management and Fraser Hospitality Trust Management.
Allianz acquisition aims to enhance Income Insurance's capabilities: NTUC Enterprise
The Singaporean insurer needs strong and continuous capital support.
GXS Bank CEO Charles Wong steps down
Wong will become an advisor for the digital bank.
Singapore sees stronger employment growth in Q2 2024
The number of employed individuals rose by 11,300.
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