Singapore
MAS mulls new fintech sandbox with faster approvals
MAS mulls new fintech sandbox with faster approvals
Approval decisions for applications will be granted within 21 days.
Daily Markets Briefing: STI down 0.34%
Expect little gains today.
Singapore snaps up lion's share of ASEAN fintech funding at US$222m in January-October 2018
Firms specialising in SME financing and wealth management services lured significant investor interest.
Daily Briefing: Nearly 10,000 broadband users hit by outage; Keppel Land unveils AI-powered home
And EDBI has pitched in for the latest funding round of a US startup.
Chart of the Day: Commercial property sales hit $2.2b in Q3
One notable transaction was the $908m sale of OUE Downtown's office component.
SGX ties up with Bank of China and CFETS to globally promote bond indices
SGX will be the first exchange to distribute bond indices outside China.
Bank of China unveils global fintech innovation lab
It aims to showcase AI, blockchain, big data and cloud technologies.
Australia's Westpac launches Singapore innovation lab
co.lab will help Australian fintechs crack the Asian market.
Medical inflation in Singapore to hit 10% in 2019
Cancer and cardiovascular issues are pushing the medical plan costs up.
Yanlord Land Group profits skyrocketed 61% to $201.1m in Q3
It was boosted by significant increases in GFA delivered to customers.
9 in 10 Singapore family businesses positive on growth
But only 8% have a formalised succession plan for their next generations.
Olam International Q3 profits fell 14.2% to $20.7m
It blamed tough trading conditions in coffee and weaker performance from its peanut business and commodity financial services.
Golden Wall Centre up for collective sale at $260m
It could be transformed into a mid-sized hotel development.
CapitaLand Q3 profits jumped 13.6% to $362.22m
The increase was due to higher operating income and gains from asset recycling.
SGX to launch new securities settlement and depository system
It will cut its securities settlement cycle from three to two days.
HDB rents rose 0.3% in October
Rents for HDB three-rooms grew 1%.
ST Engineering profits up 5.3% to $134.59m in Q3
Earnings per share grew 5% to $0.432.
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