Start your day with BT ☕️:
Stocks to watch: Clar, Seatrium, Sheng Siong, MPACT, NetLink NBN, Starhill Global Reit https://bt.sg/8wEk
Top stories:
1. International: Singapore SMEs’ investments into Malaysia handled by StanChart quadrupled in past year https://bt.sg/KxBw
2. Singapore: Google to expand AI partnerships with public healthcare groups, establish new Singapore research hub https://bt.sg/5iR3i
3. Property: Hong Leong, TID place top bid of S$181.86 million or S$1,755 psf ppr for Orchard plot https://bt.sg/kzLy
Stocks to watch: Clar, Seatrium, Sheng Siong, MPACT, NetLink NBN, Starhill Global Reit https://bt.sg/8wEk
Top stories:
1. International: Singapore SMEs’ investments into Malaysia handled by StanChart quadrupled in past year https://bt.sg/KxBw
2. Singapore: Google to expand AI partnerships with public healthcare groups, establish new Singapore research hub https://bt.sg/5iR3i
3. Property: Hong Leong, TID place top bid of S$181.86 million or S$1,755 psf ppr for Orchard plot https://bt.sg/kzLy
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FTI Consulting, WongPartnership among seven members on specialist panel for haze probes
The seven companies bring expertise in forensic investigations, financial analysis, corporate intelligence, risk advisory, and legal services.
https://bt.sg/qCZE
The seven companies bring expertise in forensic investigations, financial analysis, corporate intelligence, risk advisory, and legal services.
https://bt.sg/qCZE
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Sheng Siong Q3 profit up 1.9% at S$44.6 million
On Thursday (Oct 29), the mainboard-listed company reported S$441.5 million in revenue, up 6.2% from S$415.5 million in the year-ago period.
https://bt.sg/zbxf
On Thursday (Oct 29), the mainboard-listed company reported S$441.5 million in revenue, up 6.2% from S$415.5 million in the year-ago period.
https://bt.sg/zbxf
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HOT STOCK: AEM tumbles 11% along with Singapore and regional chip peers following Alphabet’s record plunge
Shares of Alphabet closed 12.6% lower to US$283.82 on Thursday – its biggest single day loss since the company listed in 2004.
https://bt.sg/ndN9
Shares of Alphabet closed 12.6% lower to US$283.82 on Thursday – its biggest single day loss since the company listed in 2004.
https://bt.sg/ndN9
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Singapore Q3 retrenchments rise to 4,800; resident unemployment at 3%
The layoffs – which were concentrated in information and communications, financial services and manufacturing – were driven mainly by business restructuring, according to the MOM.
https://bt.sg/CgR6J
The layoffs – which were concentrated in information and communications, financial services and manufacturing – were driven mainly by business restructuring, according to the MOM.
https://bt.sg/CgR6J
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When did entry-level jobs stop being for beginners?
As fresh graduates take on multiple internships to stand out and AI takes over junior-level tasks, BT’s Low Youjin explores why employers must do more to nurture young talent.
“Some of tomorrow’s best employees may be diamonds in the rough requiring polish from mentors who recognise their potential,” he writes.
https://bt.sg/jvHC2
As fresh graduates take on multiple internships to stand out and AI takes over junior-level tasks, BT’s Low Youjin explores why employers must do more to nurture young talent.
“Some of tomorrow’s best employees may be diamonds in the rough requiring polish from mentors who recognise their potential,” he writes.
https://bt.sg/jvHC2
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Binance halts withdrawals as suspected hack spurs crypto sell-off, vows to ‘cover all losses’
Some US$3 billion in assets are currently frozen but the figure ‘may continue to increase', it says.
https://bt.sg/paYK
Some US$3 billion in assets are currently frozen but the figure ‘may continue to increase', it says.
https://bt.sg/paYK
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SGX needs still-tougher governance rules to attract the smart money
While SGX RegCo’s proposed changes aim to strengthen board independence and transparency, BT’s Jude Chan argues that more needs to be done.
From holding companies accountable for weak disclosures to giving minority shareholders a stronger voice, he explores what it will take to build investor confidence in Singapore’s stock market.
https://bt.sg/s2Up
While SGX RegCo’s proposed changes aim to strengthen board independence and transparency, BT’s Jude Chan argues that more needs to be done.
From holding companies accountable for weak disclosures to giving minority shareholders a stronger voice, he explores what it will take to build investor confidence in Singapore’s stock market.
https://bt.sg/s2Up
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Nearly half of employers using AI in HR deploy it for recruitment: SNEF survey
Even as employers increasingly turn to AI for HR tasks, human judgment remains central to decision-making, with 85% of AI-supported use cases still requiring human involvement.
https://bt.sg/8QHz
Even as employers increasingly turn to AI for HR tasks, human judgment remains central to decision-making, with 85% of AI-supported use cases still requiring human involvement.
https://bt.sg/8QHz
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Nvidia CEO says ties to Singapore firm under spying probe were ‘normal’
Nvidia checked to ensure that Megaspeed did not illegally send its AI processors to China, said CEO Jensen Huang on Oct 29.
https://bt.sg/bAxH
Nvidia checked to ensure that Megaspeed did not illegally send its AI processors to China, said CEO Jensen Huang on Oct 29.
https://bt.sg/bAxH
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[JUST IN] Temasek’s Mapletree Investments headed for SGX IPO next year: sources
Mapletree is said to have appointed bankers and advisers for an issue that could take place as soon as early 2027.
https://bt.sg/Kggf
Mapletree is said to have appointed bankers and advisers for an issue that could take place as soon as early 2027.
https://bt.sg/Kggf
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China remains Mapletree Pan Asia Commercial Trust’s ‘biggest pain’ as divestment hurdles persist
Mapletree Pan Asia Commercial Trust expects continued pressure on its China properties over the next year or so, but faces hurdles in divesting weaker assets at prices it considers acceptable.
“China is our biggest pain,” said Sharon Lim, CEO of the Reit manager, at an earnings briefing on Friday (Oct 30). “I will acknowledge that China will continue to go down in the next year or so.”
https://bt.sg/mxpU
Mapletree Pan Asia Commercial Trust expects continued pressure on its China properties over the next year or so, but faces hurdles in divesting weaker assets at prices it considers acceptable.
“China is our biggest pain,” said Sharon Lim, CEO of the Reit manager, at an earnings briefing on Friday (Oct 30). “I will acknowledge that China will continue to go down in the next year or so.”
https://bt.sg/mxpU
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Data breach exposes personal details of 53,000 Cathay Pacific passengers; other major airlines hit
Korean Air, Asiana Airlines, Japan Airlines and ANA are among those affected.
https://bt.sg/qoj2
Korean Air, Asiana Airlines, Japan Airlines and ANA are among those affected.
https://bt.sg/qoj2
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Tuas Power to explore importing up to 500 MW a year of hydropower from Laos
The proposed long-term arrangement would see Tuas Power import 100 megawatts (MW) of Laotian hydropower in the first year of the contract. The amount would rise to 300 MW in the second year, and 500 MW annually thereafter, for a term of five to 15 years.
https://bt.sg/saxP
The proposed long-term arrangement would see Tuas Power import 100 megawatts (MW) of Laotian hydropower in the first year of the contract. The amount would rise to 300 MW in the second year, and 500 MW annually thereafter, for a term of five to 15 years.
https://bt.sg/saxP
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Singapore is designing for a hotter future, but can it beat the heat?
Singapore is getting hotter, with temperatures projected to rise by up to 5ºC by the end of the century. As shrinking forests and urban development add to the heat, can greener buildings and smarter cooling solutions make a difference?
In this week's #Brunch column, BT’s Benicia Tan explores how Singapore is preparing for a hotter future and the challenges of keeping the city cool.
https://bt.sg/DBB9
Singapore is getting hotter, with temperatures projected to rise by up to 5ºC by the end of the century. As shrinking forests and urban development add to the heat, can greener buildings and smarter cooling solutions make a difference?
In this week's #Brunch column, BT’s Benicia Tan explores how Singapore is preparing for a hotter future and the challenges of keeping the city cool.
https://bt.sg/DBB9
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#BTOpinion: Tamagotchis and Toy Story: Why the market for millennials is booming
From Tamagotchis and Toy Story to the Backstreet Boys, the 90s and early 2000s are making a comeback, and millennials are driving the nostalgia boom. But beyond clever marketing, could this obsession with childhood favourites be a way of coping with the pressures of adulthood?
https://bt.sg/GvAn
From Tamagotchis and Toy Story to the Backstreet Boys, the 90s and early 2000s are making a comeback, and millennials are driving the nostalgia boom. But beyond clever marketing, could this obsession with childhood favourites be a way of coping with the pressures of adulthood?
https://bt.sg/GvAn
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DBS remains Asean’s most valuable brand; Grab among fastest-growing: report
Singapore leads the region by total brand value, with 88 brands worth a combined US$84.1 billion.
https://bt.sg/4F6or
Singapore leads the region by total brand value, with 88 brands worth a combined US$84.1 billion.
https://bt.sg/4F6or
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When is scotch worth US$36,000? Take a look at the packaging
“We are creating a once-in-a-lifetime experience,” says Glenmorangie CEO Caspar MacRae. “Consequently, the packaging is important.”
https://bt.sg/uS2x
“We are creating a once-in-a-lifetime experience,” says Glenmorangie CEO Caspar MacRae. “Consequently, the packaging is important.”
https://bt.sg/uS2x
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From colour separation house to creative producer: Allegro Print finds its niche with experimentation
From books made with discarded hospital gowns to quirky designs that look like they’ve been bitten into, Singapore’s Allegro Print is proving that print is far from dead.
After weathering 27 years of technological disruptions and business challenges, the company has carved out a niche in unconventional, high-quality printing.
https://bt.sg/JtXUi
From books made with discarded hospital gowns to quirky designs that look like they’ve been bitten into, Singapore’s Allegro Print is proving that print is far from dead.
After weathering 27 years of technological disruptions and business challenges, the company has carved out a niche in unconventional, high-quality printing.
https://bt.sg/JtXUi
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#BTLifestyle: Beachside Italian at Fico in Sentosa
Italian food with a seaside view? At Fico’s new outpost at Tanjong Beach Club in Sentosa, chef Mirko Febbrile serves up fuss-free favourites, from fluffy focaccina to hearty pasta and indulgent desserts. BT’s Jaime Ee finds out why this laid-back eatery is worth a visit.
https://bt.sg/ra7k
Italian food with a seaside view? At Fico’s new outpost at Tanjong Beach Club in Sentosa, chef Mirko Febbrile serves up fuss-free favourites, from fluffy focaccina to hearty pasta and indulgent desserts. BT’s Jaime Ee finds out why this laid-back eatery is worth a visit.
https://bt.sg/ra7k
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