News

Chart of the Day: Overseas credit searches by Singapore firms up 2.05% in 2018

ASEAN accounted for the highest proportion of credit checks at 27.7%.

EZ-Link ties up with Malaysia's Touch n' Go for cross border Combi Card

It will allow users to pay for Singapore ERP fares and Malaysian highway tolls.

MapleTree Logistics Trust to sell five warehouses in Japan for $213.3m

These properties include Gyoda Centre, Iwatsuki B Centre, Atsugi Centre, Iruma Centre and Mokurenji Centre.

MAS bans reps from HSBC, UOB, and NTUC Income over fraud

Their cases involved deception, sales of fake products, and forgery.

Chart of the Day: Listed property developers' returns up 2.7% in March

It trailed only behind tech and REITs as the sector with the best performance.

Singapore keeps grip on maritime capital crown: report

It maintained its lead despite a weak trade cycle in traditional shopping and offshore oil and gas market.

E-commerce startup ShopBack clinches US$45m funding from Rakuten and EDBI

The proceeds will be used to enhance data capabilities and fuel expansion plans.

Keppel Infrastructure Trust hauls $500.8m in equity fundraising

The proceeds will be used to partially repay a loan facility to fund the acquisition in Ixom.

Condo rents up 1.5% in March

Leasing activities usually recover from March following the CNY lull.

SGX to launch interest rate derivatives on Japan repo

The SGX Nikkei 225 Index TRF will kick off on 13 May.

Singapore Press Holdings profits sank 25.7% to $29.69m in Q2

Lower ad and circulation revenue pulled down the company's performance.

Top 5 billionaire stocks hit average return of 49% in April

Manufacturing firm Hi-P saw a skyrocketing return of 89.9% in April YTD.

S-REIT mergers to intensify after OUE deal

Potential merger candidates include trusts worth $1b and below.

Singapore launches maritime innovation lab for smart ships

The lab will feature a $9.9m Next Generation Vessel Traffic Management System Lab.