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MPA and CMA CGM will join SLNG in testing emissions. Singapore’s Maritime and Port Authority (MPA), CMA CGM Group, and Singapore LNG Corporation Pte Ltd (SLNG) will explore using existing gas infrastructure to supply liquefied bio-methane as a marine fuel. The parties signed a memorandum of understanding to develop supply pathways in Singapore, including fuel certification, supply, and use, according to a joint media release. The agreement was signed by MPA CEO Ang Wee Keong, CMA CGM A...
Price pressures are expected to ease more noticeably from mid-2027. The Monetary Authority of Singapore (MAS) kept its monetary policy unchanged in October, maintaining the Singapore dollar's appreciation path as inflation is expected to remain elevated in the coming months. “The current appreciating policy band will allow the S$NEER to continue to strengthen and lean against the anticipated near-term rise in imported inflation,” MAS said on 14 October. “Inflation is expected to modera...
The integrated model will connect skills assessment and continuing education with employment. The Singapore Institute of Technology has established a new school aimed at helping working adults navigate career changes and companies build capabilities for workforce transformation. The SIT School of Lifelong Learning and Career Development, or SITLEARN, brings together skills assessment, continuing education, career services, industry partnerships and applied workforce research. For indiv...
Jardine Matheson is the top stock with a 2.34% increase. The Straits Times Index (STI) closed at 5,423.330, down 0.13% on Wednesday, 14 October at 5:21 p.m. Jardine Matheson was the most active stock, followed by Yangzijiang Shipbuilding Holdings (+1.78%) and Wilmar International Limited (+1.45%) Keppel DC REIT and UOL Group Limited were at the foot.
Students can also get up to 90% funding for AI, cloud, and cybersecurity courses. The Infocomm Media Development Authority (IMDA) is targeting 3,000 year-long internship opportunities over the next three years for information and digital technologies (IDT) students across ITEs, polytechnics, and autonomous universities. The internships form part of TIP Alliance+ Bridge2Tech, a set of expanded initiatives to help IDT students strengthen their pathways from education into technology care...
The agreement covers renewable energy and low-carbon technologies. Singapore’s Energy Market Authority (EMA) and Hong Kong’s Electrical and Mechanical Services Department (EMSD) will continue to strengthen energy security and resilience, including artificial intelligence (AI) and digital power grids. The agencies signed a renewed memorandum of understanding to expand cooperation and the sharing of regulatory practices in electricity and gas systems and markets, renewable energy, energy...
Maersk Halifax received 5,000 tonnes of ISCC-certified bioethanol during live cargo operations. Singapore conducted its first ethanol bunkering operation, supplying approximately 5,000 metric tonnes of bioethanol at PSA Singapore’s (PSA) Pasir Panjang Terminal on 17 October, with the support of the Maritime and Port Authority of Singapore (MPA). The operation was the largest volume of ethanol bunkered in a single operation globally to date, according to a joint statement. Maersk, Golde...
The facility will mainly house the university’s postgraduate students. Property and construction group Wee Hur Holdings Ltd has secured a purpose-built student accommodation (PBSA) project at Nanyang Technological University (NTU) Singapore. According to a letter of award from NTU, Wee Hur will design, build, finance, operate, and maintain a new PBSA with about 1,398 beds at the university’s Yunnan Campus. The facility will mainly house NTU postgraduate students, with a limited allocat...
The Revolving Fund Committee oversaw the ground deployment exercise. Singapore, along with Indonesia and Malaysia, conducted a ground deployment exercise to strengthen coordination in responding to oil spills in the Straits of Malacca and Singapore. The exercise simulated an oil spill caused by a vessel collision in Singapore waters, with the spill subsequently reaching the shores of Indonesia and Malaysia. It was conducted under the Revolving Fund Committee ahead of Singapore’s 17th J...
Developers risk underestimating project costs when relying on CPI-based budgets. Construction costs in Singapore have risen 1.5 to 2 times faster than consumer prices over the past five years, according to JLL. The property consultancy said industrial and logistics construction costs in the market reached $1,750 per square metre (sq. m.) at the high end, compared with the global benchmark range of $1,010 to $1,560 per sq. m. The higher costs were attributed to land constraints, skilled...
The bank's net interest income is expected to fall 2.4% YoY to $3.49b, said CGSI. DBS Group's net profit is expected to decline 3.2% year-on-year (YoY) to $2.86b in the third quarter (Q3), as lower interest income and higher provisions weigh on earnings, according to CGS International (CGSI). The forecast also represents a 7.1% decline from the previous quarter, partly due to record profits recorded in Q2 and Q3 2025. CGSI expects the bank's net interest income to fall 2.4% YoY to $3.4...
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This is despite nearly eight in 10 being confident they can identify genuine messages. Singapore’s senior managers (35%) are more than twice as likely as clerical workers (16%) to comply with instructions from an artificial intelligence (AI)-cloned CEO voice without independently verifying the request. A KnowBe4 report found that this was despite 78% expressing confidence in their ability to distinguish genuine CEO messages from AI-generated ones, compared with 49% of clerical workers....
UOB, OCBC, and DBS are expected to report healthy Q3 results, said UOB Kay Hian. Singapore banks' promotional fixed-deposit rates are unlikely to trigger a price war, as major lenders have sufficient funds to support their operations, according to UOB Kay Hian. UOB and OCBC are offering interest rates of 1.7% on new 12-month fixed deposits in October, compared with DBS's 1.0% rate. “We see these seasonal promotions as healthy competition and jostling for new customers willing to move t...
The property is currently tenanted and subdivided into commercial strata units. A 999-year leasehold strata-titled shophouse on Binjai Road is offered for sale via an expression of interest exercise at a guide price of $4.4m, Huttons said. The property, located within the Binjai Park enclave, has a strata area of 129 square metres, Huttons said. The shop is tenanted at present and offers strata-subdivided commercial units with near-freehold tenure. It is close to King Albert Park MRT i...
