News
SPH bounces back with 69.8% increase in operating profit
SPH bounces back with 69.8% increase in operating profit
This follows after SPH restructured its media business.
Maybank Singapore unveils new home mortgage, renovation green loans
The bank expects to process over 500 sign-ups yearly.
Banking sector’s loan exposure to Evergrande ‘insignificant’: MAS
Direct exposures to China’s property sector are less than 1% of non-bank loans.
Office investment volumes crash 59.7% in Q3
But office investment sales are expected to improve in the next quarter.
SIAEC divests entire 39.2% shares in JV for aircraft parts repair
SIAEC’S stake is pegged at $3.79m (US$ 2.79m).
ST Engineering strikes largest acquisition with TransCore deal
The deal is expected to be completed in Q1 of 2022.
F&B sales down 6.7% in August
This is a 6% decline from the value recorded in July.
VFlowTech secures US$3m in pre-Series A funding
The financing was led by Wavemaker Partners.
Market Update: STI down 0.7%
SATS, ThaiBev and Jardine C&C showed the most growth.
Shields up: Singapore amongst top 10 targeted countries for cloud threats
This comes from a survey conducted by McAfee.
Singapore retail sales down 2.8% in August 2021
Petrol service stations contributed the most with 23.7% yoy growth.
PayPal regional execs to keynote virtual forum on cross-border e-commerce as holiday season looms
The event aims to prepare merchants to sell cross-border during the holiday rush.
Manufacturing sector expands for the 15th straight month
Singapore's PMI eased slightly by 0.1 points to 50.8 in September.
Sembcorp Industries signs MOU to deliver decarbonised hydrogen to SG
The MOU was also signed by Chiyoda Corporation and Mitsubishi Corporation.
Moneysense kicks off campaign to promote financial resilience
A seminar will be held from 20 October to 8 December.
ESG launches enhanced green financing scheme
This provides 70% risk-sharing to support lending by partner FIs.
SPH REIT net property income up 11.4% YoY
Its distribution per unit is up 98% YoY to 5.40 cents for FY2021.
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