News

Singapore sees 0.4% deflation in July

Singapore sees 0.4% deflation in July

Costs of electricity and gas and food saw a steeper decline.

OCBC's Bank Data Certification Pathway gains IBF accreditation

Successful programme participants will now be qualified as data analysts.

72% of small businesses are satisfied with government efforts

Amongst ASEAN markets, Singapore is the most pleased with the relief efforts.

NETS, Singtel team up to expand digital cross-border payment services

It leverages Singtel’s ConnectPlus Managed Network and AWS’ cloud computing platform.

SATS posts $43.7m net loss in Q1

A decline in aviation volume and loss contributed by the overseas entities dragged profit.

Nippon Paint to buy Singapore's Wuthelam assets for $16.67b

As part of the deal, Nippon Paint will sell $15.37 (JPY1.19t) worth of shares to Wuthelam.

Singapore's ITF forms MOM division for foreign workers and dorm operations

The turnover will be in phases and will be fully operational by 1 October.

Daily Markets Briefing: STI up 0.02%

Vicplas International led the gains amongst top active stocks with a 47.5% expansion.

Chart of the Day: Office supply pipeline to hit 4.3 million sqft by 2024

Pre-committed rates for most buildings in the CBD for 20201 are deemed healthy.

Daily Markets Briefing: STI down 1.29%

Wilmar International saw the sharpest decline amongst top active stocks with a 10.29% contraction.

Chart of the Day: Office rents fell in Q2

Grade B offices at Shenton Way/Robinson Road/Tanjong Pagar led the decline.

IRAS, ACRA launch software allowing SMEs to file tax returns digitally

It will reportedly on take 30 minutes for SMEs to file their forms.

A 5,000% surge makes Medtecs the top stock in Singapore

The firm is also amongst the best in the global health-care supply sector for 2020.

Seven in 10 businesses to adopt fintech in the next year: report

Mobile payments will be utilised more in the next 12 months.

UOB resumes full operation of bank branches

Customers visiting a branch are required to wear mask and follow safety protocols.

Archer Daniels Midland to cut stake in Wilmar, sell shares for $685.28m

The company had a 24.6% effective stake in Wilmar as of 4 March.