News
CLI and CDL lead SGX share buybacks in 1Q24
The buyback consideration recorded in 1Q24 was $232m.
Singapore banks’ interest rates will remain elevated until Q3: analyst
DBS and OCBC are expected to provide dividend yield of 7.4% and 6.5%.
M1 and Chubb partner for roaming plan coverage
Eligible participants get up to $5k for accidental death or disablement.
AI startup Mindverse secures $6.8m in Square Peg-led funding round
The startup will use the capital for research and product development.
Chan Yeng Kit appointed CEO of SPH Media, exiting health role
He will begin his CEO duties on 15 July.
MAS and Mastercard signs deal to bolster financial sector’s cyber resilience
The two parties aim to work together to formulate solutions that will help enhance cybersecurity.
Centurion unit, LionRock form JV for Hong Kong student housing
The JV estimates project cost and initial working capital to be HK$11.5m (or $2m).
SGX watchlist looms for 3 firms after consecutive losses
Of the three, one has recorded a 6-month average daily market capitalisation lower than $40m.
LHN takes on Bukit Timah site rejuvenation
It will build co-living spaces set to operate in 1H25.
Sabana REIT aims for manager internalisation by 3Q24
The REIT has made progress in its Order 32 application.
Wotton + Kearney eyes Singapore for regional office
The Singapore practice will be led by Ben Nicholson.
Frasers Property Limited braces for profit dip, points to UK property woes
It expects to record fair value losses and impairment in 1H24.
Majority of tech jobs in Singapore saw wages fall in 2023: report
Data scientist salaries bucked the trend thanks to AI.
IPO activity in Singapore still anemic in Q1
Southeast Asia only saw 38 new listings in Q1.
New Zealand PM to visit Singapore for business delegation
The visit hopes to create new and revitalise existing partnerships.
Investment sales to surpass $25b in 2024
Rising investor confidence drove higher transaction volumes in the retail and hospitality sectors.
Solar panels to light up 7 Frasers Property retail spaces
The installation will be managed by SP Group.
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