News
Chart of the Day: 3-month SIBOR up 1.51% at end-March
Chart of the Day: 3-month SIBOR up 1.51% at end-March
Fixed deposit rates from Singapore banks rose concurrently by 17-30 bps.
Daily Markets Briefing: STI down 2.12%
Expect muted gains today.
Daily Briefing: Online fashion marketplace Zilingo raised $54m in series C round; SGX stock nearly plunged to 52-week low
And Broadcom announced that it has completed the move to US from Singapore.
SGX RegCo launches list for firms with good corporate governance
Companies will have prioritised clearance for corporate action submissions to the regulator.
TÜV SÜD to send 600 employees to new $100m regional HQ
The integrated office and lab facility will be located at the International Business Park.
Share buyback value hit 30-month high in March
The value of shares bought back by their companies hit $221.8m.
SGX Bond Trading takes on SGX Bond Pro general counterparty role
It replaced UBS, which was the general counterparty in its 2015 launch.
Keppel junks deal to manage TQS shipyard
It cited the downturn in the offshore and marine business.
Frasers Property injects $136.1m in mixed use development in Bangkok
It will hold 19.9% in a joint venture that will invest in the project’s development.
Daily Markets Briefing: STI down 0.54%
Investors are urged to take caution today.
Daily Briefing: Singapore venture capitalist's returns from Spotify hit 300%; Temasek joins US$114m fund in meatless burger firm
And here’s why some sports fans are calling to preserve Farrer Park.
Chart of the Day: Sheng Siong and FairPrice are eating up the supermarket pie
Within five years, Sheng Siong took up 18.9% whilst FairPrice ate up 56% of the market.
Singapore's improvements in livability are the ninth best in Asia
From 1998 to 2018, it improved its livability score by 4.7%.
Lawsuit delays slashed Keppel's $290m gain from marina firm sale
Keppel was now only able to complete the deal after a minority shareholder blocked the sale.
Singapore law allows creditors to avoid losses from bank failures: Moody's
Buffers for bail-ins only comprise 1%-2% of Singapore banks’ assets.
This CEO's remuneration package soared 119% in 2017
He received $12.02m after the company’s profits soared due to high sales.
Construction lagged other sectors in fulfilling arrears in Q1
But the proportion of slow payments dipped to 49.14%.
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Commentary
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