News
Government should remain flexible if recovery loses momentum: AMRO
Government should remain flexible if recovery loses momentum: AMRO
The Singapore economy expects a strong rebound but the outlook still remains uncertain.
SG government injects $3.8b for digital service revamp
This includes improvement in cloud and application services.
SGX trading momentum picked up in May
Total securities trading value rose by 12% last month.
Singapore drops to fourth in global fintech rankings
But the Lion City is still king in the Asia Pacific region
Singapore’s millionaire population to rise to 437,000 by 2025
The global number of millionaires could go over 84 million in the next five years.
Daily briefing: SG, Vietnam mull travel in “selected” tourist sites, SG reduces stay-home period for travellers from COVID hotspot
And Singapore is eyeing local and global partners for low-carbon technology.
Market Update: STI up 0.3%
Keppel DC REIT saw the sharpest decline during Wednesday's trading, with a 0.78% drop.
Chart of the Day: Singapore real estate investment volumes jump in Q1 2021
Office transactions have picked up to $971.81m or 24.2% of total investment sales.
Overall inflation rises 2.4% in May
Core inflation increased 0.8% year-on-year.
Razer, SEA reportedly mulling secondary listing in SGX
SGX trading activities will get a boost if the listings fall through.
SG, APAC leaders are spending more time learning
The time spent upskilling during the first quarter of the year increased 47% year-on-year.
eRemit Singapore, HLAS partner for insurance for migrant workers
eRemit Singapore is also expanding its remittance services to a business audience.
DBS completes SG’s first USD SOFR-linked export financing transaction
This US$25m transaction, priced off SOFR Averages, is a significant industry milestone as the global Interbank Offered Rate (IBOR) transition gathers pace.
Cromwell E-Reit sells off France asset at €5.8m
The sale is 53% higher than the IPO purchase price.
CLCT prices $150m seven-year notes at 2.4%
The notes will be issued under the company’s $1b multicurrency debt issuance programme.
Singaporeans rank amongst the lowest in ESG investment awareness
This is despite Singaporeans having a strong interest in sustainable investing.
Cash flow test now sole determinant for company insolvency
This is based on a new ruling by the Court of Appeal.
Commentary
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform