News
MAS awards SRFB privileges to StanChart, will revamp SRFB framework
MAS awards SRFB privileges to StanChart, will revamp SRFB framework
Lenders who substantially exceed the SRFB criteria may be allowed to open subsidiaries.
Manufacturing sector outlook remains soft for H2
The transport engineering cluster is the most pessimistic as firms expect a weak environment.
Drone startup clinches undisclosed funding from Royal Vopak NV
It will be used on expanding across Asia, Europe and the Middle East.
UOB floats Finance Academy for employee development
It allows the bank's Finance team to train in areas like asset and liability management.
In exploring the ‘new normal', VCs “raise the bar” in their startup search
Student-led Protege Ventures shares their insights on how VCs will tread carefully.
Chart of the Day: Housing loans surged 49.2% in Q1
It is attributed to lower interest rates, allowing homeowners to secure loans at favourable terms.
Daily Markets Briefing: STI down 1.7%
OCBC Bank saw the sharpest decline amongst top active stocks with a 3.82% contraction.
Daily Briefing: $320m set aside to extend foreign worker levy rebates; Measures released for Singapore-Malaysia cross-border travel
And Diginex launches new Singapore crypto exchange.
Chart of the Day: 4,500 private home units to be completed from Q2 to Q4
As at Q1, there are nearly 52,100 units in the pipeline.
JC&C's profit down 30% to $414.23m in H1
Astra saw most of its business divisions’ net income fall.
SIAS reiterates role in Hyflux deal
They also urge Utico to address the issues they earlier raised.
Keppel posts net loss of $697.6m for Q2
Impairments from the O&M segment contributed to the loss.
Singapore banks' shares dive after MAS calls for dividend cap
DBS, OCBC, and UOB all recorded declines of more than 3%.
Singapore-Australia power project fast-tracked by Australian government
This will provide extra support such as a single entry point for approvals.
Sheng Siong's profits soared 98% to $74.82m in H1
The company saw elevated consumer demand in Q2.
OUE projects net loss in H1
The group saw a fair value loss booked on disposal of approximately of the US Bank Tower.
Singapore Paincare Holdings now listed in SGX
All of the 24.25 million placement shares were subscribed, collecting around $5.33m.
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