News
Google and UOB launch SME Leadership Academy
Google and UOB launch SME Leadership Academy
The programme features discussions on how to use digital tools for HR and marketing.
MAS launches consultation paper on controls against market abuse
It proposes to tighten requirements for ultimate beneficial owners, amongst others.
Singapore sheds household debt as housing market slows: HSBC
Household debt as a share of Singapore’s GDP already fell below the 70% mark.
Hyflux deadline to ink Utico deal extended to August 26
This is reportedly to account for the number of public holidays in August.
Genting Singapore profits dipped 5% to $373.6m in H1
This was partly due to slower mass gaming business.
PMI climbs 0.2 point to 49.8 in July
A marginal expansion of new orders and factory output drove the recovery.
Chart of the Day: Residential listings under mortgagee sales rocketed 97.8% in Q2
Volatile markets and steep interest rates pushed up quarterly listings.
Daily Briefing: Automotive marketplace Carro raises $124.6m in Series B round; Belmont Road GCB relaunched for sale at lower price of $40.8m
And Foodpanda is setting up its SEA headquarters in Singapore.
Daily Markets Briefing: STI down 2.04%
DBS was the top active stock with a 3.66% decline.
Singtel's dividends from associates may fall 22.58% to $1.2b in FY2020
Weakening operating performance, higher capital spending and dividend payout may hinder its growth.
Singapore returnees face mismatched salary expectations: report
45% are willing to accept the same pay despite unsuitable job opportunities back home.
honestbee files for court-supervised restructuring process
The firm said that the move will help them increase existing efficiencies and bring down cost structure.
Jardine Cycle & Carriage profits down 1% to $553m in H1
It was hit by Astra’s underperforming agribusiness, information technology and automotive units.
White knight Utico sets August 16 deadline to ink deal with Hyflux
The would-be white knight gave Hyflux two weeks, “failing which, they will walk".
More than half of Singaporeans worried about data privacy: report
The number of people with data privacy concerns trailed India but was above the US, UK, and France.
Raffles Singapore reopens after two-year restoration
Its total suite count has grown from 103 to 115.
Keppel unit to develop data centre in Australia
It bought a 3,840 sqm plot of land adjacent to its existing Gore Hill data centre.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform