Singapore

Vertex SPAC’s public offering subscribed 36 times

The company offered 0.6 million units at $5 each.

6 of 10 businesses think corporate integrity standards have stagnated

96% of respondents also believe that this is essential to their organisation. 

NODX grows 18.4% in December 2021

The record surpassed Bloomberg's estimate of 13.5%.

56% of S'poreans did not receive ‘strong support’ from employers during the pandemic

Globally, the percentage of workers who had the same sentiment was lower at 51%.

Market update: STI down 0.04%

 Sembcorp Industries had the most growth.

Cryptocurrency ATMs close down in Singapore following MAS clampdown: report

Two operators, Daenerys and Deodi, have shut down their ATM machines in the city.

The lure of Singapore – An attractive destination for single family offices

The majority of SFO growth has taken place in Asia, with locations such as Singapore and Hong Kong gaining international popularity.

This zero-emission electric cabin motorbike redefines sustainability on city roads

The KBi Vigorous combines high performance, speed, and safety in the comfort of a fully covered vehicle, in one compact package. 

Lentor Hills Road closes bids below expectations

Jalan Tembusu, meanwhile, saw a strong performance due to the opportunity present in the area.

Axe the gap with tax: Will the GST Amendment Bill level the playing field for local business?

Under the bill, goods worth $400 or less imported by air or post will be subject to GST.

F&B Briefing: Hawkers go digital to preserve an important part of Singapore’s culture

The number of registered hawkers has gone down to around 13,000 since 2015. 

Grab Singapore includes more banks in linked account feature

Users can now link accounts from Bank of China, DBS, Maybank, OCBC, StanChart, and UOB.

Moderate earnings expected for SGX: RHB

RHB points to a two-month-long dip in total securities market turnover and an incoming economic reopening.

SIAEC, Rolls-Royce ink 10-year line maintenance and in-field services agreement

The new deal also extends SIAEC’s existing on-wing care services with Rolls-Royce.

SG office rents up as workplace revolution persists

Prime office rents rose 1.5% QoQ in the fourth quarter of 2021.

UOB to lift income from ASEAN-4 markets by 40% with Citi consumer biz acquisition

Completion of the acquisitions is expected to take place from H2 2022 to Q1 2024.