News
Money laundering risks in Singapore climb 79% in 2023: Moody’s
Tighter scrutiny sought for CSPs.
Over 40% of Singaporeans pay FX fees when travelling abroad: report
Majority of travellers still use cash, only about half use credit cards.
Singapore has the most shortest-serving CEOs in the world: report
The city-state ranked 118th out of 122 countries.
Hotel ADRs to outperform in 2024 with packed event calendar
April 2024 year-to-date Average Daily Rates was $288.
High-end rents rise 3% whilst mid-market rents decline
Affluent local families drove the High-end rent increase.
Emirates’ one year of premium economy in Singapore boasts 26,000 passengers
It is popular among Singapore travellers.
Daily Markets Briefing: STI up 0.65%; Top stock is Singtel
Singtel is the top stock with a 2.11% increase.
Ascott expands property portfolio in Europe
Six new ones were added.
Tan Chong predicts a lower profit of $453m for H1 2024
In H1 2023, Tan Chong reported a $309m gain.
Oxley fully redeems $133m due 2024
The company has redeemed over $1b worth of notes since November 2019.
SGX mandates delisting of YuuZoo Networks Group
Based on public records, the company is “dissolved."
Singapore banks are phasing out OTPs for logins
Banks will instead use digital tokens to authenticate bank account login attempts.
Winking Studios completes proposed 108,000,000 share placement
It increases the total number of issued and paid-up shares from 279,698,275 to 387,698,275.
78% of Singapore’s large listed companies advance in climate reporting
Nearly all companies have established roles or committees to manage climate risks and opportunities.
Mercure Singapore Bugis taps Dino Lim as new general manager
Lim was formerly the general manager of Momentus Hospitality.
Analysts keep a bright outlook for retail
RHB sees retail sales rising 2% YoY in 2024.
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