News

Sembmarine files notice of three consecutive years of losses

The company’s latest 6-month average daily market capitalisation stood at S$4.77b. 

Further money policy tightening may be unlikely due to banking sector turmoil

The central bank’s tightening is still unchanged amidst economic risks.

Chart of the Day: Gen Zs optimistic but cautious about crypto

More than two in 10 said they want to take a wait-and-see approach.

Singapore hotels average room rate surges 48% in February 

The occupancy rate was undaunted, increasing by 13.26 percentage points from January. 

Singapore and Malaysia launch cross-border QR code payment links age

Person-to-person fund transfers are targeted to finish by year-end.

STB taps FLCT to increase tourist visits

Both companies will promote Singapore in key travel markets.

Goh Wei Boon to helm GovTech

He was formerly the head of CSIT.

Mirae Asset Securities is SGX’s new DLC issuer

It is listing 10 new DLCs, with the first set of DLCs to be offered in US dollars.

IMDA partners with industry players for live cross-border trade

The first shipment was from Singapore to Thailand during the first quarter of 2023.

CEO of United Hampshire REIT Management steps down 

Robert Schmitt will end his stint as CEO on 1 May. 

Keppel Infrastructure unit, Sabana Industrial REIT ink deal on sustainability solutions 

Under the deal, PV solar panels will be installed in the REIT’s selected properties.

Sembmarine clinches largest offshore renewable project

It secured an agreement consisting of three contracts valued at $2.8b (€2b).

Negotiations on Telkom-Telkomsel integration ongoing – Singtel

Telkom is eyeing to integrate its fixed broadband business into Telkomsel.

PMET makes up more than half of vacancies in 2022

Its share of vacancies rose to 56% in 2022 from 53% in 2021.