News
Retail sector sees decent recovery in Q4 2021: Knight Frank
Retail sector sees decent recovery in Q4 2021: Knight Frank
This optimistic performance is expected to continue until March 2022.
Social distancing measures to see 14-day extension
The period covered will be from January 21 - February 20, 2022.
SGX RegCo questions Metech International shares
The stock saw a contradicting rise of 51%, despite the STI observing a dip of 4.2% during the period.
KPMG allocates $1b to green initiatives
Along with this, the group recommends a green financing bank.
Pegasus Asia’s Singapore SPAC public offer subscribed 7.8 times
The SGX listed SPAC raised $23.4m from the offering.
Singtel Alpha Investments acquires 16.26% stake in Indonesian bank
The shares were bought for $48.0m.
9 in 10 Singaporeans plan to increase crypto investments in 2022
They believe crypto's value will increase in the next five years.
Market update: STI Up 0.27%
ThaiBev had the most growth.
MAS fines Vistra Trust (Singapore) $1.1m for failures in its AML/CFT controls
VSTPL’s failures placed the trust at a higher risk of being used as a conduit for illegal activities, says MAS.
Singapore’s household spending to grow by 3.1% in 2022: Fitch Solutions
The growth rate estimate is lower than the 2021 forecast of 6.6%.
DBS to only send 'essential' SMEs to retail, wealth customers
The bank assured customers that it employs a multi-layered defence system against fraud.
S-REITS well-positioned to weather interest rate hikes: RHB
This after S-REITs delivered a modest 6% in total returns in 2021.
Singapore launches new measures to bolster digital banking security
Banks are asked to remove links in emails and SMS sent to customers.
CapitaLand Development divests Vietnam-based Capital Place for $751m
It will redeploy the proceeds from this divestment into higher-yielding assets.
Younger Singaporeans led 50% of the overseas in-store spending increase
The US, the UK, and Australia were their top destinations during the year-end.
Vertex SPAC’s public offering subscribed 36 times
The company offered 0.6 million units at $5 each.
6 of 10 businesses think corporate integrity standards have stagnated
96% of respondents also believe that this is essential to their organisation.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform