News
90,000 firms to get $800m in payouts from Wage Credit Scheme
90,000 firms to get $800m in payouts from Wage Credit Scheme
SMEs will receive the bulk of the payouts, at around 71% of the sum disbursed.
MAS penalises Standard Chartered for money laundering requirement breaches
The breaches occurred when trust accounts were transferred from Guernsey to Singapore.
OCBC unveils $240m purpose-built data centre
The bank is avoiding interdependence on data centre tenancy.
Singapore's big business events put heat on hospitality sector
Hotel players are seeing a higher number of requests for proposals and rates getting firmer.
StarHub to sell electricity plans to consumers in April
It will offer consumers two clean energy subscription plans as the power market readies for liberalisation.
GuocoLand joint venture buys Pacific Mansion for $980m
The prime freehold site will be near GuocoLand’s other project Martin Modern.
Daily Markets Briefing: STI down 0.16%
Expect a cautious market as investors await the Fed rate decision.
Chart of the Day: Value of Singapore inbound M&A hits 6-year low
It reached US$516.8m, the slowest start to a year since 2012.
Daily Briefing: Struggling retailers tap into vending machines; Noble braces for first bond default
And here's why economists are split on MAS tightening.
Tougher competition killed small businesses' growth in 2017
More studies suggested that higher costs and mismatched staff are also recurring problems.
Singapore Press Holding's page count falls by 12.7%
Analysts blame its display segment, which accounted for two-thirds of the total decline.
Katong Park Towers sold 20% above asking price at $345m
Bukit Sembawang plans a residential development nestled along Meyer & Mountbatten Road.
Singapore M&A deal value crashed 24.8% to US$8b YTD
The number of M&A deals largely fell by 28%.
Singapore-based issuers' bond offerings hit 3-year low
Bond offerings crashed by 21.5% to US$6.7b as local firms also tapped into offshore bond markets.
Fintech firm ayondo targets Catalist IPO at $21m
ayondo will be the first fintech firm to be listed on the SGX-ST Catalist board if this pushes through.
URA tenders Silat Avenue site that yields 1,125 units
It will also be integrated with the upcoming 24-km Rail Corridor.
Singapore-based firms raised US$816.9b from equity capital
IPO proceeds soared 479.8% to US$344.4m and bolstered ECM activity.
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