News
$3.13b of health expenses went to stress-related illnesses
$3.13b of health expenses went to stress-related illnesses
35% of attendances in primary care are related to stress conditions.
Dental cosmetics startup Zenyum bags US$13.6m in Series A funding
It eyes launching a brand for retainers and teeth whitening.
Merger eyed for Frasers Logistics and Frasers Commercial Trust: report
The combined company will manage almost 100 properties worth $4b.
Employment rate rose to 80.8% in June despite economic slowdown
But income growth grew at a slower pace.
RHT Health Trust seeks to suspend EGM for winding up process
The Indian Supreme Court said the $895.55m disposal of RHT’s portfolio, which is part of the winding up, violated its orders.
3 in 5 consumers would ditch brands with low-quality ads
68% think brands are accountable for the content in their ads.
Hiap Seng Engineering suspends share trading amidst restructuring
It eyes scaling down its EPC projects.
SGBike becomes Singapore's biggest bike-share operator after licence transition
It will have a 25,000-strong fleet.
SGX launches variable rates for securities borrowing and lending programme
Borrowing rates for index stocks, REITs, and business trusts will be changed from 6% to 0.5% per annum.
Only 1 in 4 businesses run by women as gender gap persists
Entrepreneurial activity rate compared to men is also low, with only 7.2 female entrepreneurs for every 14.8 male entrepreneurs.
Returns of CPFIS-included funds rose 0.18% in Q3
Positive returns of 0.47% were recorded amongst investment-linked insurance products.
Chart of the Day: Check out the most popular projects for HDB upgraders in Q2
Three out of the top five projects are located in the RCR.
Daily Markets Briefing: STI up 0.24%
Golden Agri-Res led the gains amongst top active stocks with a 4.76% growth.
Carro, NTUC Income launch pay-as-you-drive insurance
Premiums will be based on the number of kilometres driven each month.
Competition watchdog launches consultation on SIA and Malaysia Airlines tieup
The two airlines insisted that they will still face competition with low-cost carriers.
HSBC Singapore adds experiential offering for ultra-rich clients
The Jade offering is for HNWIs with at least $1.2m in cash or investments in the bank.
Singapore to benefit from improving semiconductor sales in Asia
The output of the electronics cluster has already grown 0.4% in October.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform