Markets & Investing
What are the top 5 needs of Singapore-based SFOs?
                                                                                                 
                        
                        Nine in 10 want solutions that allow a comprehensive view of their total wealth.
                    
                                        
                    
                Jardine Matheson’s net profit soars to US$686m in FY23
                                                                                                 
                        
                        Full-year dividend also increased, jumping 5% YoY.
                    
                                        
                    
                Trustee-manager of Dasin Retail Trust hit with new demand letter on alleged outstandings
                                                                                                 
                        
                        The trustee-manager allegedly owes Sun Shu $99,139.13 of director fees.
                    
                                        
                    
                Wing Tai Holdings launches $1b multicurrency debt issuance programme
                                                                                                 
                        
                        Proceeds will be used for general working capital, investments, and refinancing existing borrowings. 
Wing Tai Holdings Limited has initiated a $1b...
                    
                                        
                    
                SG-based data scientists earn more than their SEA peers
                                                                                                 
                        
                        The base salary range for data scientists ranges from US$3,600 -US$8,400 monthly.
                    
                                        
                    
                3 key challenges in establishing single-family offices in Singapore
                                                                                                 
                        
                        Eight in 10 SFOs in Singapore need secure infrastructure and IT security.
                    
                                        
                    
                Majority of SFOs in Singapore outsource business functions
                                                                                                 
                        
                        One of the business functions SFOs outsource is IT (77%).
                    
                                        
                    
                CapitaLand aims to grow Vietnam residential units to 27,000 by 2028
                                                                                                 
                        
                        CLD plans to focus on large-scale projects in Hanoi, Ho Chi Minh, and Binh Duong.
                    
                                        
                    
                SGC to back local, ASEAN companies expanding into Baden-Württemberg
                                                                                                 
                        
                        Baden-Württemberg has attracted over 6,500 foreign firms.
                    
                                        
                    
                Elite REIT bags £135m debt facilities
                                                                                                 
                        
                        The REIT will use the fund to refinance its existing loan facilities.
                    
                                        
                    
                Singapore unit trusts swing to $998M net outflows in Q4
                                                                                                 
                        
                        Analysts are cautiously optimistic for both stocks and bonds this year.
                    
                                        
                    
                Paragon REIT declines acquisition offer for The Seletar Mall
                                                                                                 
                        
                        The REIT cited the potential dilution of DPU as a factor that led to the decision.
                    
                                        
                    
                Gov’t to roll out 'Tender Lite' in April
                                                                                                 
                        
                        The category will cover tenders up to $1m for general goods and services.
                    
                                        
                    
                Far East Orchard triples net profit in FY23
                                                                                                 
                        
                        Net profit for the period was $66.0m.
                    
                                        
                    
                Yangzijiang Financial net profits up 25% to $201.8m in FY2023
                                                                                                 
                        
                        A dividend payment of S$0.022 per share has been proposed.
                    
                                        
                    
                How Singapore is competing to host Asia's newly minted wealthy
                                                                                                 
                        
                        By 2028, Asia's wealthy population will be almost 40% larger than in 2023.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                