Singapore Business Review

Olam Agri raises offer for Namoi to A$0.70 per share
Namoi's biggest shareholder has backed Olam's offer.
Prime US REIT's net property income dips 11.7% YoY to US$20.8m
The REIT faced lower occupancy and higher finance expenses.
SGX derivative volumes spike in April
It rose by 36% YoY to 24.1 million contracts.
AEM Holdings net profit drops to $2.3M in 1Q24
It fell by 85.0% YoY.   AEM Holdings saw its net profit drop by 85.0% YoY to $2.3m in 1Q24.
Daily Markets Briefing: STI down 1.13%; Top stock is DBS
DBS is the top stock despite a 0.612% decrease.
Singaporeans opt for gifts and outings on Mother's Day
Four in 10 picked gift-giving as an ideal way to mark the special day.
IHH invests in Belun Technology for AI-powered sleep diagnostic technology
IHH will utilise Belun’s medical-grade device for sleep apnea detection.
Singapore urged to increase renewable grid interconnection investment
Doubling RE imports could help meet its emission targets.
Over 6 million RDP brute force attacks recorded in 2023
Brute force attacks involve systematically guessing passwords until the correct one is found.
LIST: Most valuable Singaporean brands of 2024
The top company has a brand value of US$11b.
Daiwa House Logistics Trust NPI up 4.6% YoY in 1Q24
Its gross rental income also rose 1.9%.
New bill passed to strengthen SG's digital defenses
The bill mandates stricter reporting requirements for owners of CII, now including incidents within their supply chains. 
Singapore-ASEAN trade stands at $295.6b in 2023
The direct investment abroad from Singapore to ASEAN also reached $226.1b.
Amazon Web Services invests $12b in Singapore's cloud infrastructure
Since 2010, AWS has invested over $11b in Singapore.
Swan & Maclaren Group bags US28m tender for Six Flags Qiddiya lighting
Six Flags Qiddiya is projected to become the world's biggest theme park.

Join the Singapore Business Review community

Exclusives

Exclusives

HR & Education New guideline restricts rejections of flexible work arrangement requests to business factors
By December this year, employees whose requests were rejected based on bias can seek union aid.
Food & Beverage Startup future-proofs coffee with bean-free alternative amidst climate crisis
Prefer transforms surplus ingredients like day-old bread, soybean pulp, and barley grains into bean-free coffee.
Financial Services Industry boosts accounting appeal with new roles, education programmes
There has been a 10% decrease in accounting degree students at universities in Singapore.
Markets & Investing 20 Hottest Startups of 2024
Sustainability-focused startups dominated the list.
Commercial Property Colliers transforms Singapore office into regional powerhouse
The newly revamped office showcases Colliers’ commitment to innovation, collaboration, and sustainability.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Sustainability, biomedical startups draw investors, founder focus
A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).

Top News

Olam Agri raises offer for Namoi to A$0.70 per share
Namoi's biggest shareholder has backed Olam's offer.
Prime US REIT's net property income dips 11.7% YoY to US$20.8m
The REIT faced lower occupancy and higher finance expenses.
SGX derivative volumes spike in April
It rose by 36% YoY to 24.1 million contracts.
AEM Holdings net profit drops to $2.3M in 1Q24
It fell by 85.0% YoY.   AEM Holdings saw its net profit drop by 85.0% YoY to $2.3m in 1Q24.
Daily Markets Briefing: STI down 1.13%; Top stock is DBS
DBS is the top stock despite a 0.612% decrease.
Singaporeans opt for gifts and outings on Mother's Day
Four in 10 picked gift-giving as an ideal way to mark the special day.
IHH invests in Belun Technology for AI-powered sleep diagnostic technology
IHH will utilise Belun’s medical-grade device for sleep apnea detection.
Singapore urged to increase renewable grid interconnection investment
Doubling RE imports could help meet its emission targets.
Over 6 million RDP brute force attacks recorded in 2023
Brute force attacks involve systematically guessing passwords until the correct one is found.
LIST: Most valuable Singaporean brands of 2024
The top company has a brand value of US$11b.
Daiwa House Logistics Trust NPI up 4.6% YoY in 1Q24
Its gross rental income also rose 1.9%.
New bill passed to strengthen SG's digital defenses
The bill mandates stricter reporting requirements for owners of CII, now including incidents within their supply chains. 
Singapore-ASEAN trade stands at $295.6b in 2023
The direct investment abroad from Singapore to ASEAN also reached $226.1b.
Amazon Web Services invests $12b in Singapore's cloud infrastructure
Since 2010, AWS has invested over $11b in Singapore.
Swan & Maclaren Group bags US28m tender for Six Flags Qiddiya lighting
Six Flags Qiddiya is projected to become the world's biggest theme park.

Exclusives

HR & Education New guideline restricts rejections of flexible work arrangement requests to business factors
By December this year, employees whose requests were rejected based on bias can seek union aid.
Food & Beverage Startup future-proofs coffee with bean-free alternative amidst climate crisis
Prefer transforms surplus ingredients like day-old bread, soybean pulp, and barley grains into bean-free coffee.
Financial Services Industry boosts accounting appeal with new roles, education programmes
There has been a 10% decrease in accounting degree students at universities in Singapore.
Markets & Investing 20 Hottest Startups of 2024
Sustainability-focused startups dominated the list.
Commercial Property Colliers transforms Singapore office into regional powerhouse
The newly revamped office showcases Colliers’ commitment to innovation, collaboration, and sustainability.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Sustainability, biomedical startups draw investors, founder focus
A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).

Join the Singapore Business Review community