News
Singapore bank loans up 5.48% to $667.89b in May
Singapore bank loans up 5.48% to $667.89b in May
Business and consumer loans grew 5.78% and 5.01% respectively.
Temasek joins $273.6m funding for US genomics firm
Helix will utilise the funding for expansion on consumer adoption of their products.
Capella Hotel Group to manage Regent Singapore in 2019
Four Seasons ended the 26-year management contract with the hotel owner.
Singapore's third desalination plant starts operations
It will increase the current desalination capacity from 100 mgd to 130 mgd.
Mobike launches deposit-free policy for Singapore users
It will be available to users registered with the phone number prefix +65.
These two banks are the most vulnerable to growing trade tensions
The Greater China region represented a fourth of one bank’s profit before tax.
Daily Briefing: Singtel Innov8 joins tech firm's BitSight's US$60m series D round; Messaging service Line to open Singapore crypto exchange
And a Temasek unit is investing in a UK-based content and events firm.
Chart of the Day: Transpo stocks beat index slump after averaging 8% total returns YTD
This compares to a 3.1% decline in the FTSE ST All Share Index.
Daily Markets Briefing: STI up 0.09%
Expect muted gains today.
Homegrown F&B operator Koufu Group eyes IPO
It aims to build a 7-storey facility to support its stalls and outlets.
Auction property sales down 33% to $19.64m in Q2
The number of mortgagee sales and high-priced properties both fell in the period.
Singapore to toughen penalties for GST act offences
It wants to broaden IRAS’ powers when cracking down serious GST-related crimes.
oBike users urged to file proof of debt amidst liquidation
A Singapore consumer group said the bike-share firm will appoint a liquidator to distribute its assets.
Private condo prices rose 1.5% in May
Prices of condo units in the Central area gained 1.8%.
EDBI joins US$42m funding for US-based software
The funding will be used for the company's expansion into Asia Pacific and Japan.
Four residential sites up for sale under GLS programme
They can yield up to 1,920 units in total.
Temasek invests $341.65m in US tech firm
The Singapore wealth fund is UST Global's first institutional investor.
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