News

MAS complete cross-border payments in blockchain with Canada central bank

Project Ubin was linked to Canada's experimental domestic payment network, Project Jasper.

Singapore revs up funding for unionised firms with training committees

Firms can get 10% of funding support from the Labour Movement as an incentive.

Fraser & Neave profits jumped 81% to $73.82m in H1 2019

It was boosted by its Thai dairies business and Singapore soft drinks unit.

No Signboard CEO arrested over share buyback probe

Shares have been bought above the regulatory limit for buybacks.

SIA and SATS renew aviation services contracts for next five years

The contracts cover inflight catering, cabin and cargo handling, as well as services for Scoot.

Jardine Cycle & Carriage profits soared 131% to US$312m in Q1

But underlying profit fell 8% to US$201.3m in the absence of Vinamilk’s dividend income.

CapitaLand profits slipped 7.4% to $295.57m in Q1

Lower contributions from Singapore and China dragged on earnings.

Jungle Ventures raises US$175m in first close of third fund

One of its investors is reportedly Temasek Holdings.

Chart of the Day: NIRC 2019 revenue contributions to grow more than 4% to $17.2b

Returns from sovereign wealth funds make up most of government revenues.

CDL Hospitality Trust's NPI down 10.7% to $32.77m in Q1

Contributions from Singapore, New Zealand, Australia and UK hotels fell 6.7%.

Daily Briefing: Temasek Holdings aims to grow US footprint; Space-tech startup SpeQtral raises US$1.9m in seed funding

And here are the jobs at Standard Chartered that are safest from its aggressive restructuring.

Chart of the Day: Top 10 largest stocks hit average returns of 11.8% in April

Mapletree North Asia Commercial Trust’s returns of 21.2%.

Singapore bank loans shrink to 2.9% in Q1

Consumer loan growth slowed to just 0.3% in March.

Singapore is the fifth most property-obsessed nation

Residents spend around 3.2 hours researching possible property buys.