News
Lazada, Shopee are the two most used e-commerce apps in Southeast Asia
Lazada, Shopee are the two most used e-commerce apps in Southeast Asia
It was the top app in Malaysia, Thailand and the Philippines.
ST Engineering, URA to develop tech-based urban planning solutions
The tool may be used for land policy, planning, infrastructure, and development control.
February new home sales surged 57.3% to 975 units: URA
More investors are looking to diversify portfolios after the stock market’s fallout.
Margin calls for S-REITs slim as large-cap demand persists
Investors have been worried as some of these holdings may be leveraged.
Keppel DC REIT unit obtains 5-year loan facility of $78.76m
KDCRFC is set to pre-pay the loan in the case of an agreement breach.
MAS says that local financial market is functioning normally
The regulator has left a higher level of liquidity in the banking system.
HSBC Singapore floats relief measures for mortgage, credit card customers
The bank has halved the revolving interest rate for up to six months.
SGX rolls out $5m care package amidst outbreak
Most will be used to support listed companies and the bourse’s frontline staff.
SIA to waive rebooking fees
This will be applied to tickets issued on or before 15 March.
Daily Markets Briefing: STI down 1.67%
DBS saw the sharpest decline amongst top active stocks with a 4.21% contraction.
Chart of the Day: Singaporean market is 7th most environmentally conscious
Majority of the country’s electricity output comes from fossil fuels.
Fernvale Lane site awarded to Frasers Property unit for $287m
The executive condo site allows a GFA of up to 47,964 sqm.
MOH to restrict travel from Italy, France, Spain and Germany
Residents who recently travelled to these countries will have to self-quarantine for 14 days.
Passenger movements in Changi down 32.8% in February
Traffic to major travel markets declined across the board including China (-92%).
M1 cuts staff as company ramps up digitalisation
Employees leaving the company represent 1.6% of the headcount.
SIAEC's senior management to get pay cuts
CEO’s and executive VP’s salaries will be down by 12% and 10%, respectively.
GuocoLand subsidiary launches new China unit
The new unit will takeover the subsdiary's land parcels.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform