Five stories to start your day:
1. PM Lee to step down on May 15; DPM Lawrence Wong to become new PM
2. 13 ‘investible ideas’ to decarbonise region could generate US$150 bil annual revenue by 2030: report
3. Local emissions registry launched to help local businesses in sustainability reporting
4. Sabana Industrial REIT reports portfolio occupancy of 83.0% in 1QFY2024 after property repossession
5. SIA posts 13.9% y-o-y passenger traffic growth in March operating update
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1. PM Lee to step down on May 15; DPM Lawrence Wong to become new PM
2. 13 ‘investible ideas’ to decarbonise region could generate US$150 bil annual revenue by 2030: report
3. Local emissions registry launched to help local businesses in sustainability reporting
4. Sabana Industrial REIT reports portfolio occupancy of 83.0% in 1QFY2024 after property repossession
5. SIA posts 13.9% y-o-y passenger traffic growth in March operating update
📰 Follow us on @theedgesg for market-moving news and the latest headlines.
High-quality carbon credits can help attract private capital to fund clean energy tech: GenZero, IEA report
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The Edge Singapore
High-quality carbon credits can help attract private capital to fund clean energy tech: GenZero, IEA report | The Edge Singapore
By the early 2030s, US$4.5 trillion will be needed annually to deploy clean energy tech, up from US$1.8 trillion in 2023.
[PREMIUM CONTENT] UOB Kay Hian, citing near and long term growth, raises BRC Asia's target price to $2.42
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The Edge Singapore
UOB Kay Hian, citing near and long term growth, raises BRC Asia's target price to $2.42 | The Edge Singapore
Long term growth is underpinned by mega projects such as Changi Airport's Terminal 5, Tuas Port and the Cross Island MRT line
Following Iran retaliation, investors seeking safety will boost gold and US Treasury bonds: UOB
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The Edge Singapore
Following Iran retaliation, investors seeking safety will boost gold and US Treasury bonds: UOB | The Edge Singapore
Oil prices slipped lower on April 15 after Iran’s attack proved to be less damaging than anticipated.
[PREMIUM CONTENT] Singaporean inflation expectation continues to ease to 4.0% despite headwinds to global growth: SInDEx
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The Edge Singapore
Singaporean inflation expectation continues to ease to 4.0% despite headwinds to global growth: SInDEx | The Edge Singapore
[PREMIUM CONTENT] CGS International likes Elite Commercial REIT's broadened investment mandate
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The Edge Singapore
CGS International likes Elite Commercial REIT's broadened investment mandate | The Edge Singapore
The student dorm market has attracted significant investors' interest
[PREMIUM CONTENT] DBS maintains 'buy' on IHH Healthcare even with softer industry-wide numbers
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The Edge Singapore
DBS maintains 'buy' on IHH Healthcare even with softer industry-wide numbers | The Edge Singapore
'This is an attractive level to ride on IHH Healthcare's medium-term growth trajectory'
[PREMIUM CONTENT] DBS keeps ‘buy’ call on Keppel DC REIT after ‘attractive’ Sydney divestment deal
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The Edge Singapore
DBS keeps ‘buy’ call on Keppel DC REIT after ‘attractive’ Sydney divestment deal | The Edge Singapore
The REIT agreed to divest its Sydney data centre for A$174 million at a 35.4% premium over its valuation.
Gold seen hitting US$3,000 at Citi as investor inflows juice rally
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The Edge Singapore
Gold seen hitting US$3,000 at Citi as investor inflows juice rally | The Edge Singapore
The start of a Fed cutting cycle into 2025 will provide further impetus for investment demand
[PREMIUM CONTENT] The Bretton Woods institutions we need
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The Edge Singapore
The Bretton Woods institutions we need | The Edge Singapore
Over 80 years, the IMF and World Bank have proven adaptable to global shifts
[PREMIUM CONTENT] The world is still on fire
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The Edge Singapore
The world is still on fire | The Edge Singapore
If the world can’t even provide food to starving children, how can it unite to defeat climate change?
[PREMIUM CONTENT] Governments must shape AI's future development for the common good
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The Edge Singapore
Governments must shape AI's future development for the common good | The Edge Singapore
Addressing the perils of AI demands that governments extend their role beyond regulation
ISCA launches ‘fast-track route’ for local accountancy undergraduates to become Chartered Accountants of Singapore
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The Edge Singapore
ISCA launches ‘fast-track route’ for local accountancy undergraduates to become Chartered Accountants of Singapore | The Edge Singapore
Eligible undergraduates can take the Singapore CA Qualification professional programme module exams while still in school.
[PREMIUM CONTENT] Citi sees room to trim labour in Asean telco players, including Singapore
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The Edge Singapore
Citi sees room to trim labour in Asean telco players, including Singapore | The Edge Singapore
Citi Research believes that the telcos in the region can better manage their labour costs.
SMEs in Singapore remain contractionary for fifth consecutive quarter: OCBC
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The Edge Singapore
SMEs in Singapore remain contractionary for fifth consecutive quarter: OCBC | The Edge Singapore
HSBC cuts a dozen investment bankers in Asia on deals slump
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The Edge Singapore
HSBC cuts a dozen investment bankers in Asia on deals slump | The Edge Singapore
The London-based lender cut around a dozen bankers across its investment banking division in Asia on Tuesday.
Singapore orders all employers to consider workers’ flexi-time requests
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The Edge Singapore
Singapore orders all employers to consider workers’ flexi-time requests | The Edge Singapore
The new guideline was announced on Tuesday by the Tripartite Alliance for Fair and Progressive Employment Practices.
GuocoLand awarded $779.5 mil tender for Upper Thomson land parcel
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The Edge Singapore
GuocoLand awarded $779.5 mil tender for Upper Thomson land parcel | The Edge Singapore
URA accepted GuocoLand's joint tender with Intrepid Investments, a wholly-owned subsidiary of Hong Leong Holdings.
‘We love debating over things; we love clickbait titles’: Gold Standard CEO defends carbon markets at GenZero summit
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The Edge Singapore
‘We love debating over things; we love clickbait titles’: Gold Standard CEO defends carbon markets at GenZero summit | The Edge…
“We can sit and talk about additionality forever. But is that going to fix the problem? The entire ecosystem has to change.”
Seatrium and A*STAR to partner in new energies and AI exploration for offshore and marine uses
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The Edge Singapore
Seatrium and A*STAR to partner in new energies and AI exploration for offshore and marine uses | The Edge Singapore
The collaboration combines Seatrium’s insights within the O&M sector with the research capabilities of A*STAR.