News
MAS proposes enhanced powers to address financial risks
MAS proposes enhanced powers to address financial risks
The regulator plans to require licenses to any person in Singapore issuing digital tokens.
Mapletree Logistics Trust's NPI up 12% to $118.84m in Q1
This was attributed to lower utilities cost and maintenance expenses.
Keppel REIT NPI dropped 7.2% to $28.81m in Q2
The REIT’s distribution per unit (DPU) inched up 0.7% to $0.14.
ACRA sets up public consultation on Companies Act amendments
The CAWG reviewed 56 issues and recommended 36 legislative reforms.
BP Singapore oil traders placed on leave amidst disputed deals
The trading staff hold portfolios focussed on BP’s oil sales to Chinese customers.
Chart of the Day: Developers' condo sale volumes more than double in June
Median prices increased from prior months during the lockdown.
Daily Markets Briefing: STI down 0.08%
Hyphens Pharma led the gains amongst top active stocks with a 48.81% expansion.
Daily Briefing: Manpower, health ministries apologise for worker's COVID-19 test result delay; Percipient raises $6.94m from Stat Zero
And Muji's Singapore and Malaysia operations claim to be unaffected by US bankruptcy protection filing.
Singapore Fintech Association launches grants and jobs portal
Job seekers can access the latest job postings, grants, and news in the fintech space.
Medtech startup NDR Medical closes $8m in series A funding
The firm aims to prepare for the expansion into the US.
Three adjoining freehold conservation shophouses up for sale for $12m
It has a combined site of approximately 4,318 sqft.
Keppel Land emits 22% less carbon from 2010
The reduction rate exceeded their 16% mark by 6%.
Tourism receipts plunged 39% to $4b in Q1
This was attributed to the decline across all components.
Yongnam JV secures $320.4m contract to build Jurong Region Line
The firm will construct Toh Guan, Jurong Town Hall and Pandan Reservoir stations.
SIAEC's profits plunged 74.3% to $10.7m in Q1
The flights they handled in Singapore shrank to 13% of their usual load.
Sembcorp Industries posts $131m net loss in H1 2020
It recorded exceptional items amounting to a negative $191m.
Over 140,000 employers to receive payouts under Jobs Support Scheme
This is expected to total to over $4b.
Commentary
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