News

MAS, Bank Indonesia beef up bilateral cooperation

The institutions will collaborate on payments innovation projects amongst others.

Market update: STI down 0.05%

Keppel Corp had the most growth.

Keppel Data Centre Fund II attains $1.48b in funding

It got Asian Infrastructure Investment Bank as its investor.

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.

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.