News

28% of ransomware-hit Singapore firms paid a ransom: study

46% of firms surveyed suffered from attacks the past year.

Daily Markets Briefing: STI up 0.36%

CapitaLand led the gains amongst top active stocks with a 2.39% expansion.

ST Engineering starts restructuring amidst FY2020 revenue loss

Revenue is expected to be between 5% to 15% lower than last year.

Singapore pilots insurance coverage for foreign inbound travellers

The products grant at least $30,000 in coverage for medical treatment.

Tong Eng Group secures $71m green loan from OCBC

Proceeds will be used for the refinancing of Tong Eng Building.

Singapore, Philippine central banks partner for data connectivity

They hope to boost cross-border data transfer and risk management.

MAS to pilot green loan scheme for corporates

It will push banks to develop accessible green lending frameworks for SMEs.

DBS floats remote work option for employees

It will be launching a job-sharing scheme for two workers to fill a full-time role.

Payments key to keeping up with how Singaporeans want to shop

Over the last decade, digitization has changed shopping, dining, consumption and payment habits. However, the ongoing COVID-19 pandemic has tipped both consumers and brands over the transformational edge.

Genting Singapore Q3 net profit crashed by 66%

The revenue loss was still reported despite job cuts in July.

GIC, Melcombe to develop European urban logistics properties

They will advance last-mile distribution centres.

EHT distribution ‘highly unlikely' for 2020

Investors will be left out, as prospects of EHT’s consensual restructuring remain uncertain.

Daily Markets Briefing: STI up 1.11%

SIA led the gains amongst top active stocks with a 4.91% climb.

Chart of the Day: Singapore has high encumbrance limits vs. other APAC markets

A high limit would cut refinancing risks if banks would ease issuance.