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Month: June 2024

Posted on 04/06/2024

5 Singapore Blue-Chip Stocks That Can Propel the Straits Times Index to a New High

With indices in the US hitting new highs, these five stocks could push Singapore’s Straits Times Index to a new record. The post 5 Singapore Blue-Chip Stocks That Can Propel the Straits Times Index to ...

Posted on 04/06/2024

Ukrainian president berates China at Singapore security conference

The presence of Zelensky condemning China and touting for support for the war against Russia is a sharp warning the brutal conflict is rapidly developing into a wider war not just in Europe, but ...

Posted on 04/06/2024

Singapore unlikely to draw large-scale data centre investments despite added capacity: Report

Momentum for data-centre investment also growing rapidly in other markets like Johor and Batam. Read more at straitstimes.com.

Posted on 04/06/2024

Singapore factory activity expanded for ninth consecutive month in May

Manufacturing activity in Singapore expanded for the ninth consecutive month in May as it resumed a small, upward trajectory after stuttering somewhat in April amid weaker global growth. The ...

Posted on 04/06/2024

When will Singapore’s next general election be held? Political buzz sparks polls gear-up

The election boundaries committee had yet to be convened as of May 31, but analysts haven't ruled out a September election based on past timelines New PM Lawrence Wong should not be in a hurry and ...

Posted on 04/06/2024

CapitaLand Ascott Trust fully acquires US student accommodation property

SINGAPORE - CapitaLand Ascott Trust (Clas) has acquired the remaining 10 per cent stake in a 678-bed freehold student accommodation property in South Carolina. On June 4, its managers said they expect ... ( read original story ...)

Posted on 04/06/2024

Singapore looks to boost AI with plans for quantum computing and data centers

The latter is an open-engineering consortium supported by Qualcomm, Google, Intel, and NVIDIA and recognized by the US National Institute of Science and Technology under its AI Safety Consortium. AI ...

Posted on 04/06/2024

Shein IPO: Why the rumored London stock listing is as surprising as it is controversial

China-founded Shein is rumored to eyeing an IPO on the London Stock Exchange, a surprising choice for the fast-fashion behemoth

Posted on 04/06/2024

Eco-friendly financing needs rise in Asean as regulations evolve: corporate and investment banking expert

AS SUSTAINABILITY regulations evolve and disclosures are enhanced, eco-friendly finance is poised for a surge with governments across South-east Asia increasingly seeking blended financing solutions ...

Posted on 04/06/2024

OCBC sees positive structural demand drivers for Sembcorp but lowers fair value estimate slightly to $6.73

“As mentioned in our earlier report, the group plans to invest $14 billion over 2023-2028 and fund half of this growth via operating cash flow, a fifth by capital recycling and partnerships, and a ...

Posted on 04/06/2024

Singapore investing $1 million to research how built environment impacts mental well-being

Singapore is pumping $1 million into research into how the built environment can have an impact on mental well-being. The findings may shape future plans to make urban spaces healthier and more ...

Posted on 04/06/2024

Airlines to tighten seatbelt rules and use AI to predict turbulence after Singapore Airlines incident, Emirates boss says

Three major incidents involving turbulence in a week, including the death of a passenger on a flight, have led to a renewed focus on safety.

Posted on 04/06/2024

Singapore CEOs are shifting focus to AI investments, deprioritising investing in sustainability initiatives

SINGAPORE: Many Singapore CEOs are shifting focus to artificial intelligence (AI) from sustainability initiatives. According to a recent report from EY, around six in ten CEOs in Singapore have ...

Posted on 04/06/2024

Google’s latest data centre raises its investment in Singapore to S$6.7 billion

GOOGLE has increased its investment in infrastructure in Singapore to S$6.7 billion with the completion of its fourth data centre here. Read more at The Business Times.

Posted on 04/06/2024

Singapore unlikely to draw large-scale data-centre investment despite added capacity: report

SINGAPORE is unlikely to attract large-scale investments in data-centre capacity from foreign investors, despite its recent plans to increase its capacity, said a BMI market report on Monday (June 3).

Posted on 04/06/2024

Singapore PMI Expands Again, Signaling Progress in Manufacturing Recovery

SINGAPORE--A key gauge of Singapore's manufacturing sector ... Nevertheless, the outlook for the sector remains positive, he added. The PMI for electronics, which accounts for about a third of the ...

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