News
Oil trader Hin Leong has no future as independent company: PwC
Oil trader Hin Leong has no future as independent company: PwC
The accounting firm found a number of irregularities in the oil trader’s finances.
Hong Leong Finance rolls out business loan campaign
This is said to help SMEs with cash flow issues.
SOS to earmark over $1.5m for crew change support
This will be used to defray costs for seafarers staying at the Seacare Hotel.
Chart of the Day: Non-landed purchases across all residential status slid in Q1
Foreign purchasers recorded the largest fall of 26.1%.
Daily Markets Briefing: STI up 0.2%
Wilmar International led the gains amongst top active stocks with a 7.73% expansion.
Daily Briefing: Property firms expect more transactions in Phase 2 reopening; Sparrow raises $4.86m series A led by BitMEX owner
And stricter requirements for embalmers under new rules for licensed funeral parlours.
Cleantech Solar bags $104.36m green loan for 500MW solar projects
Proceeds will be used to finance its expansion across Southeast Asia.
MAS received Wirecard's license application
It is operating under exemption until the Payments Services Act is enforced.
Yangzijiang Shipbuilding secures new orders worth $141.95m
These orders include two LNG-tank carriers and two 56,000DWT bulk carriers.
Frasers Property Retail mall traffic surged up to 80% over weekend
Enhanced safety measures are in place across all 14 malls.
IT startup Horizon Quantum Computing ups seed round to $4.5m
The fresh funding will be used to launch its quantum software development tools.
Singaporeans slash cash use by 67%
Contactless cards are now the preferred method in the Lion City.
CapitaLand ramps up twin digital retail platforms
eCapitaMall and Capita3Eats have signed in over 280 merchants since launch.
Keppel FELS to terminate rig contract with Awilco
The latter failed to pay the instalment due on 9 June, entitling Keppel to terminate the deal.
Halcyon Agri to issue new ordinary shares at $0.22 apiece
This will be done on the basis of one rights share for every two existing ordinary shares.
Over 500 SMEs to benefit from Grow Digital initiative
There are currently five B2B platforms and six B2C solution partners pre-approved.
MIT to raise $350m through private placement
Most of the proceeds will be used in acquiring 14 data centres in the US.
Commentary
Green shipping's future: Strategic partnership between public and private finance
The great Singapore family business transition: Why legacy companies are choosing sales over succession
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape