Singapore
UOB names Susan Hwee as head of group retail
Eddie Khoo to retire; Lawrence Goh is new head of GTO.
Singapore proposes interest coverage ratio of 1.5 to all REITs
Currently, the ICR of 2.5 times applies only to select REITs.
Majority of Singapore firms use digital marketing but only a few can track progress: survey
Half face challenges in measuring the return on investment of their marketing campaigns.
Singapore reminds car dealers to remove warranty restrictions
The regulator also warned car dealers to avoid misleading customers.
Singapore launches $90m research programme for hydrogen use, sustainable chemicals
The programme will be hosted by the National University of Singapore (NUS).
Singaporeans mainly tune into podcasts for education, entertainment: survey
Daily podcast listeners were 67% more likely to be listeners of daily broadcast radio.
Daily Markets Briefing: STI up 0.04%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 3.88% increase.
Roxy Square mall and hotel for sale at $1.25b
The site has 296 shops, 26 apartments and 576 hotel rooms.
MAS revokes insurance broker license of Acesynergy Brokers
ABPL failed to comply with regulatory requirements.
UOB to see 200 tonne-reduction in CO2e emissions with DHL pact
UOB’s international parcel deliveries will now use sustainable aviation fuel.
DBS launches bond portfolio managed by BlackRock
Customers can invest for a minimum of $1,000 and a 0.6% annual management fee.
GIC reports weakest 20-year investment growth in four years at 3.9%
GIC expects lower returns amidst US monetary policies, China property market challenges, and geopolitical tensions.
M1 to retire 3G network services in August
M1 will invest in new 5G services.
Sabana Industrial REIT’s portfolio value hits $914.5m in 2024
The 151 Lorong Chuan property has the highest value of $362.7m.
AusGroup delists from SGX-Mainboard
The company is currently insolvent with debts exceeding its realisable assets.
HSBC, SBF to help Singapore businesses scale GBA, India, Middle East
HSBC launched a business guide and will offer net zero transition solutions.
SATS terminates lease on Jurong Innovation District site
It is in the process of evaluating sites to relocate the SATS Food Hub.
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