News

MAS implements Payment Services Act

MAS implements Payment Services Act

Acts on money changing and payment systems have been repealed.

MLT to acquire Japan logistics centre for $272.5m

The company aims to fill the market gap of grade A logistic properties in Japan.

MIT's next buy could be Mapletree's stakes in US data centres: analyst

Data centres could feature more strongly in its deal pipeline.

Hospitality & tourism to slow down amidst coronavirus outbreak

Singapore hotels’ performance will likely imitate the 42% fall in daily average rate during the SARS outbreak.

Government urged to adopt tax incentives for 5G adoption: KPMG

This includes tax credits of up to 42.5% for the development of use cases for 5G.

Risk management solution buys to boost SGX's profits

Scientific Beta grew its assets under replication by 10 times in four years.

NUS researchers withdraw claims on developers' insider trading

The university recently released a study asserting that developers exchange information on bids during golf time.

Daily Markets Briefing: STI up 0.17%

Singtel led the gains amongst top active stocks with a 1.5% growth.

Customer satisfaction for firms' digital support up 5.3%: study

About 62.4% of companies now deliver AI-enabled customer support.

Diversification to ease headwinds for Mapletree Logistics Trust

Most of its tenants have been cautious on expansionary plans.

Manufacturing output dipped 1.4% in 2019

The electronics cluster recorded the sharpest decline in output at 7.4%.

Industrial space rents inched up 0.1% in Q4 2019

Easing of rents during the quarter was attributed to the large pool of stock in the west region.

Frasers property buys London office asset for $238m

Bedfont lakes holdings will become an indirect wholly-owned subsidiary of the firm.

Lease renewals favourable for FCT's growth: analysts

About 81% of these leases are located in its four major malls.

Frasers Hospitality Trust's NPI grew 6.8% to $33.2m

All of its portfolio recorded higher gross operating profit.