Singapore
New semiconductor factory in Singapore to generate over 1,000 jobs
The US$2b factory is owned by Startup Silicon Box.
New semiconductor factory in Singapore to generate over 1,000 jobs
The US$2b factory is owned by Startup Silicon Box.
Ascott, GSTC ink deal to jointly train hospitality professionals on sustainability
The parties will facilitate over 700 hours of training in the last quarter of 2023.
Lian Beng warns of lower profits for FY23
The company’s subsidiary is expected to report a loss in 2H23.
Changi Airport’s passenger traffic crosses 5 million for the first in three years
The June 2023 record is 88% of the June 2019 level.
Yangzijiang Financial’s maritime fund invests over US$30m in 2 tankers
The fund invested in RT Star and OM Shanghai.
Tepid loan growth in the horizon for SG banks
Banks may face some backsliding in its bad loan ratio, S&P’s Ivan Tan warned.
9 in 10 employed Singaporean open to new work opportunities
59% of Singaporean employees are more likely to start a job search during perceived economic downturns.
SG records 2nd highest increase in prime residential rents globally
In 1H23, rents grew by 13.6%.
MAS imposes prohibition order against ex-Prudential rep for false invoices
Mengting submitted 11 false invoices to Prudential to aid her clients' accident injury claims.
Singapore, EU launch bilateral digital trade agreement negotiations
It will build on earlier digital partnership and digital trade principles signed earlier.
Sabana REIT to hold EGM on the removal of its manager
The REIT's unitholders will convene on 7 August.
Daily Markets Briefing: STI down 0.3%; Seatrium is top stock
Seatrium grew by 3.52%.
Keppel Land completes liquidation of subsidiary
Mansfield & Company is a dormant subsidiary of the real estate company.
Underwrite your business continuity with cyber resilience
Businesses understand the tremendous impact that digital transformation and the adoption of new technology can have on revenue generation and providing greater customer value. However, with increased technology adoption comes the exponential risk of falling victim to the digital plague of ransomware because for every new data generated, a business’s attack surface expands.
Sabana Industrial REIT NPI inches up 0.5% YoY to $27.2m in H1
Its gross revenue was up 23.2% YoY to $55.3m.
Audit General's Office admits need to improve disbursement process
AGO acknowledges the need to improve the documentation of processes and risk assessments.
Real estate investment sales surge in Q2: Savills
Sales reached $3.29b.
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