News

Majority of heirs of Singapore family businesses find it hard to keep up with AI: study

The top concerns cited were cybersecurity, misinformation and legal risks.

Majority of heirs of Singapore family businesses find it hard to keep up with AI: study

The top concerns cited were cybersecurity, misinformation and legal risks.

Seatrium and GE Vernova secure third contract for TenneT's 2-GW HVDC system 

It is set to commence in June 2024, with commissioning expected by 2031.

Suntec REIT’s DPU drops 13.0% YoY in Q1 2024 to $0.226

The REIT recorded a lower DPU and a higher revenue for Q1 2O24.

Chart of the Day: More firms reported payment delays last year

The share of Singapore firms with payment delays fell to 62% from 77%.

Biomedics Laboratory to undergo voluntary liquidation amidst revenue slump

The company has faced challenges in carrying out its primary laboratory services business.

Freehold, 999-year condos will become harder to find in the long run: expert

District 15 has the highest number of boutique 999-year/freehold projects.

Nearly half in accountancy and finance open to new career opportunities: report

Most in demand roles include business partner and finance analyst.

5-room HDB flat at City Vue @ Henderson sets record with $1.588m sale

Huttons expects over 700 million-dollar flats to transact this year. 

No changes in STI constituents after June review

There were also no changes in the STI reserve list.

ST Engineering launches ‘BrightCity’ smart water solution

It offers a cost-effective and end-to-end solution for smart water meter monitoring and control.

Nio widens net loss by 9.4% YoY in Q1 2024

The company reported a net loss of $965m.

IPEF enhances clean economy efforts with 3 new initiatives

One of the three initiatives focuses on nuclear energy. 

Jasper Investments secures over $9m investment

It will boost the group's core business expansion and develop AI-enabled digitalisation for the maritime sector.

Sembcorp and Bloom Energy to produce low-carbon electricity in Singapore

This is in line with the city-state’s Green Data Centre Roadmap.