News
DBS, Xero simplifies SMEs loan application with data-sharing partnership
DBS, Xero simplifies SMEs loan application with data-sharing partnership
Xero customers now has the option of sharing their transaction records to DBS.
Market update: STI up 1.23%
Two banks led the index on the last trading day before the long weekend.
Singapore risks protection gap for older population
Prudential and Income are working together to close protection gaps, particularly in the area of long-term care.
More services firms expect favourable business conditions in Q2
The percentage of firms who are upbeat on business was up to 15% from 14% last quarter.
Genting Singapore names new CEO
New CEO Tan Hee Teck has been the firm’s president since 2010.
Grab and Singtel consortium bags Malaysia digital banking licence
The Malaysian digital bank will be led by Pei Si Lai.
CICT’s net property income up by 0.5% YoY in Q1
This was due to its integrated development performance.
AMRO expands Singapore office
The expanded office is equipped with modern digital workplace solutions.
Cuscaden Peak seeks to acquire SPH Reit for $0.9372 per unit
It stemmed from Cuscaden Peak’s right to reduce the minimum chain offer price.
MAS keeping an eye on 4 threats to crypto ecosystem
Adapative approach to be taken in addressing these risks.
Yanlord Land prepared to address possible property dev't delays in China
It currently has projects in 20 cities in China.
CLI positive China’s policy may address uncertainties
China has the intention to soften and balance economic impact, CLI said.
UOB profits down 11% to S$906m in Q1 amidst market volatility
Loan fees grew, but credit card and wealth fees recorded declines.
CDL Hospitality Trusts' net income jumps 25.% YoY to $24.2m
The company's Singapore assets were among the main contributors to the increase.
MNACT unitholders to meet May 23 on proposed merger with MCT
The meeting will be held virtually.
Singapore posts slight drop in cryptocurrency ownership
The Lion City’s score went down by two points on the 2022 Independent Reserve Cryptocurrency Index.
OCBC reports S$1.36b net profit in Q1
Profits were 10% lower than last year, but 39% higher than Q4 2021.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform