News

HDB resale prices up 2.1% in August

HDB resale prices up 2.1% in August

This is the third consecutive month that more than 2,400 units were moved.

UOB, CapitaLand agree on dual tranche SORA-SOFR loan

The $200m will be used for general corporate purposes.

DBS floats SORA-pegged business property loan for SMEs

SME business property owners can borrow up to 80% of their property value.

How Spenmo helps businesses secure direct loans

The platform also allows merchants to effectively manage expenses.

Daily Markets Briefing: STI up 0.05%

Wilmar International led the gains amongst top active stocks with a 1.13% expansion.

DBS gains regulatory approval to set-up JV securities company in China

It will engage in brokerage and securities investment consulting, amongst other services.

MIT completes acquisition of 14 US data centres for $292.8m

It will use a portion of the $410m proceeds from its private placement in June.

Sembcorp to divest stake in JV for $29.4m

The transaction will be completed by the end of the year.

Frasers Property Retail rolls out Frasers eStore

The platform will integrate two loyalty programmes.

Majority of Singaporean workers say no to ‘normal'

Workers eager for ongoing flexibility and a focus on personal well-being in the post-COVID workplace.

Chart of the Day: Singapore bank loans up 0.9% in July

This was driven by a 1.9% growth in business loans.

Daily Markets Briefing: STI up 0.24%

Medtecs International led the gains amongst top active stocks with a 1.97% expansion.

Singapore sees a 174% surge in pharma exports

The increase occurred mainly due to the worldwide stockpiling of drug ingredients.

SGX, HSBC, Temasek completes pilot digital bond for Olam International

SGX successfully replicated a $400m 5.5-year public bond issue by Olam.

SC-SCTS outlines SOR's role as fallback rate

Transition from SOR to SORA is expected before end-2021.

Economic fallout hits on Singapore banks' outlooks: Fitch

Impaired loan ratios are expected to more than double from end-2019 levels.