News

Marco Polo Marine H2 net profits surged nearly 77%

Growth was driven by its ship chartering and shipyard segments.

Marco Polo Marine H2 net profits surged nearly 77%

Growth was driven by its ship chartering and shipyard segments.

Singapore seeks reelection to IMO Council

The 33rd council assembly will discuss developing issues related to the maritime industry.

Young Singaporeans less optimistic in averting climate crisis

Only 41.3% of Singaporeans are optimistic in averting a climate disaster. This is 5.7% lower than the current global average.

Community and mental health wellness drive consumers to gym

Growing consumer emphasis on community engagement and mental health in their fitness journey is becoming a trend that is reshaping the industry.

SG companies to adjust finances amidst 1% GST increase

Singapore's Minister of Finance announced that the GST rate will be increased from 7% to 8% from January 1, 2023 and then from 8% to 9% from January 1, 2024.

Yangzijiang Financial to invest $1b outside China over next 5 years

The company plans to increase its investments outside China over the next five years to 50%.

50 Playfair Road sold for $81.8m

The property was hotly contested by end-users, investors and developers.

Elite REIT names new CFO

He will succeed Joel Cheah Zhuo Yue who resigned as CFO to pursue other opportunities.

MAS unveils responses for proposed regulation of DPT service providers

Regulations are expected to take effect in phases beginning mid-2024.

Singapore is 3rd in Asia with most unicorn startups: study

Singapore unicorn companies have an average valuation of $5.93b.

Gov't to require statutory boards to publish yearly sustainability disclosures

Nearly 100% of eligible SGX-listed firms disclosed climate reports.

3 in 10 S’poreans choose to travel solo: survey

Jetstar also revealed that most S’poreans prefer to travel in groups.

ThaiBev revenue up 2.5%, net profit slipped 10.9% in 2023

Sales in spirits and beer also saw a decline.

Mastercard, NTU launches new masters program on cybersecurity

The program is tailored for professionals seeking a spot in the cybersecurity space.

Everest builds Asia team with new S’pore CEO and a head of insurance

Swee Keong Mah will be the Singapore branch’s new CEO and will report to Tomi Latva-Kiskola, who has been appointed as head of Insurance Asia.

Chia-Tern Huey Min named next ACRA chief executive

She is currently a deputy commissioner for the Inland Revenue Authority of Singapore (IRAS).