News

Sheffield Green rebounds from loss with  $4.6m net profit in FY23

Given the improved financial performance, it proposed a final dividend of $0.01 per share.

How did the office market perform in 2023? 

In 2023, Grade A office rents grew by 1.7% YoY.

Manulife REIT shareholders greenlight recapitalisation plan

The shareholders voted on the proposed plan on 14 December.

ST Engineering unit bags contract to upgrade Formidable-class frigates of MINDEF

The company expects to complete the upgrade of the first frigate in 2028.

BSL shareholders vote in favour of acquiring Boustead Projects’ shares from Wong Fong Fui 

The shareholders also approved the acquisition of the shares from Wong’s children.

Christopher Albrecht takes seat as Sun Life S’pore’s CEO

Albrecht will lead the strategic and operational aspects of Sun Life Singapore's business. 

Dasin Retail Trust to hold EGM on internalisation of the trustee-manager

Fifteen investors have proposed to remove Dasin Retail Trust Management as trustee-manager of DRT.

Tee International to acquire signage specialist Carats&Co for $14m

The company will acquire all shares of Carats&Co in two tranches.

Has Singapore lost interest in crypto?

Singapore recorded a 4.12 crypto interest score.

Retrenchments rise to 4,110 in 3Q23

The Ministry of Manpower attributed the majority of the increase to the Wholesale Trade sector. 

Urban Heat Island effect? Low-rise streets emerge as one of the hottest locations in Singapore

Experts suggest that Singapore needs to do more than add greenery to design for heat.

Time-saving the top benefit of AI for Singaporean businesses: Zoom

Both employers and employees near unanimous in saying AI streamlines the workplace

Singapore joins Verra and Gold Standard to develop carbon crediting playbook

This initiative will accelerate the achievement of Nationally Determined Contributions.