News
Daily Briefing: Medtech startup DocDoc raises $17.7m in funding round; Over 20,000 locals booked HDB flats under Single Singapore Citizen Scheme
Daily Briefing: Medtech startup DocDoc raises $17.7m in funding round; Over 20,000 locals booked HDB flats under Single Singapore Citizen Scheme
And Shell is mulling the installation of solar panels for its Bukom refining site.
Daily Markets Briefing: STI down 0.75%
Singtel led the gains with a 3.03% increase.
6.6 million of global international arrivals came from Singapore in 2018: report
Singaporean travellers contributed $8.43b to total travel expenditure worldwide.
Genting Singapore may shell out $1b in FY2019 capex: analyst
The firm is likely to incur $250m per quarter for land acquisition alone.
MAS and SGX RegCo launch trade surveillance practices guide
It encourages proper recordkeeping and periodic quality assurance reviews on compliance reports.
YZJ Shipbuilding profits up 11% to $345.4m in H1
However, new shipbuilding orders declined by 50% YoY in DWT terms.
Tourist spending down 4.8% to $6.5b in Q1
Spending for accommodation and shopping fell sharply during the quarter.
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.
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Commentary
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