News
MAS, France complete wholesale cross-border payment experiment using CBDC
MAS, France complete wholesale cross-border payment experiment using CBDC
It simulated cross-border transactions involving multiple CBDCs on a common network.
Frasers Logistics & Commercial Trust growth supported by $5.9b acquisition pipeline
The company has the right of first refusal for 64 properties in APAC and Europe.
Ericsson projects more than 580m 5G subscriptions by end-2021
It also expects 3.5 billion subscriptions and 60% population coverage by the end of 2026.
Hong Leong Asia’s earnings to grow 52% this year
The building materials segment sets the foundation for the firm’s recovery.
Clear skies ahead: ST Engineering to score from US airline capacity rebound
The Singaporean firm has a large aircraft maintenance presence in the United States.
Grab Singapore unveils sustainability initiatives
The company gives passengers options to participate in its bid for a sustainable operation and eyes a full fleet running using cleaner energy by 2030.
Only 9% of Singaporeans feel recognised at work
According to a recent survey, managers tend to overstate the satisfaction of their employees
Hyflux to divest 30% stake in desalination plant to Keppel subsidiary
This sale will give Keppel Infrastructure Trust 100% stake in the SingSpring Desalination Plant.
Razer unit invests US$2.3m in console creator Loupedeck
Loupedeck seeks to continue its live stream growth.
CapitaLand launches second logistics private fund in India worth S$400m
This follows CapitaLand’s S$400m Ascendas India Logistics Programme it launched in 2018.
Around 20,000 jobs expected in digital, ICM sector: Josephine Teo
Jobs in the infocomm media sector grew by 5% in the last few years, the Minister for Communications and Information said.
Daily briefing: Full COVID-19 vaccination protects against Delta variant by nearly 70%; Groups of 8 may be allowed to gather, if fully vaccinated
And Supermarkets to require TraceTogether-only SafeEntry and SafeEntry Gateways.
Market Update: STI down 1.65%
Only Jardine Matheson, Yangzijiang Shipbuilding, and Dairy Farm stayed on the green.
Chart of the Day: 5 of SGX's tech stocks average 25% total return in H1 2021
The 20 most traded manufacturing stocks contributed 20% to the combined average daily turnover.
Singapore property investment volume hits S$9.17b in H1 2021
Residential and industrial transactions boosted investments in Q2.
Singaporean Gen Z prioritises health over career: survey
Two in three believe having healthy skin is an important aspect of overall health.
Gov’t sends Finance Minister Wong to attend G20 Meeting
The G20 meeting will be held in Venice, Italy from 9 to 11 July.
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