News
Private home sales' 30.8% drop in October 'unsurprising': analyst
Private home sales' 30.8% drop in October 'unsurprising': analyst
Developers have sold only 642 private residential units in October.
28% of ransomware-hit Singapore firms paid a ransom: study
46% of firms surveyed suffered from attacks the past year.
Daily Briefing: 3,000 civil servants to receive $10m compensation over HR record errors; Maritime systems startup BeeX wins SPC 2020
And COE prices close mostly higher in latest bidding exercise.
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.
11 joint industry projects receive $1.62m for maritime innovation
The projects are co-funded by MPA and MINT Fund.
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.
Commentary
The great Singapore family business transition: Why legacy companies are choosing sales over succession
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape