Singapore

FundedHere steps back on launching FundedX amidst licensing issues

FundedX has yet to get an approval as an exchange or market operator.

Government to upgrade ASEAN development initiative through tech

The centres in Vietnam, Cambodia and Laos will be upgraded to Singapore Cooperation Centers.

Perennial Real Estate H1 profits crashed 75.3% to $13.79m

It lost revenue after the sale of its stake in TripleOne Somerset.

Keppel acquires 50% stake in US elderly housing operator Watermark for US$77.3m

Watermark manages 52 senior housing committee in 21 US states.

SingPost Q1 profits plummeted 40.4% to $18.72m

Its post & parcel and e-commerce segments performed poorly.

Singapore's wealth makes it a prime target for hackers

The 'hyperconnected financial hub' is home to $613b of bank deposits.

UOB unveils plans to launch ASEAN digital bank

It will tap on mobile-first and mobile-only customers.

Sembcorp Industries H1 profits dipped 7.9% to $158.57m

It blamed losses in its marine and construction businesses.

UOB profit up 28% to $1.08b in Q2

Earnings were boosted by net interest income which hit $1.54b.

Chart of the Day: See how HDB flats' resale volume recovered from 2015

It is expected to rise further with about 76,000 flats completed from 2014 to 2017.

Fee hikes to launch Changi Airport into the top of Asia's tax podium by 2023

Users will shoulder the increases, and airlines are not resisting.

Ascendas Hospitality Trust NPI decreased 9.3% to $20.2m in Q1

Proceeds from the sale of its two Beijing hotels trimmed its debt.

Singapore SMEs beat APAC counterparts in export earnings

Their average annual revenue hit US$1.75m which is higher than the APAC average.

Manufacturing PMI down 0.2 ppt to 52.3 points in July

The slowdown was fueled by slumping growth in new orders, new exports, and factory output.