News

SG consumers trust organisations less after getting scam messages: survey

Around 41% lose trust over an organisation regardless of any real association with the fraudster.

MAS to follow up on Binance's Singapore unit amidst scrutiny

Binance Asia Services has a grace period during which it can operate in the country.

 Keppel REIT sells 50% stake in first Australian property for A$275m

The firm said this is part of its portfolio optimisation strategy.

Shippit signs 3 deals with Janio, FedEx, Qxpress

The partnerships are expected to boost its delivery network in Singapore and Malaysia.

16 F&B outlets forced to close after SMM breach

Amongst the F&B outlets are a KFC outlet and a Don Don Donki food court.

Jobless rate inches down to 2.8% in May

This is an improvement from 2.9% from the previous month.

6 firms awarded in Deloitte’s inaugural Singapore’s Best Managed Companies

The accounting giant has run this award program in 37 countries.

Market Update: STI down 0.2%

Mapletree Commercial Trust saw the sharpest decline during Thursday's trading, with a 1.39% drop.

Chart of the Day: Singapore REITs' average occupancy rates dip to 95%

In particular, retail and office S-REITs saw the largest drops in occupancy rates.

Grab-Singtel, iFAST apply for Malaysian digital bank license

Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.

Singapore wealth platform Endowus gets backing from UBS, others

It will use the funds to expand in the country and in Hong Kong.

Economic growth could exceeed 4-6% forecast: MAS

MAS Managing Director Ravi Menon said the government could upgrade its GDP forecast for 2021.

MAS net profit plummets by more than 50% to $5.2b

Half of the profit will be added to its reserves, whilst half will go to the government.

CapitaLand exits Japan retail sector, invests in new logistics facility

The real estate firm will invest $90.8m in a new logistics facility in Osaka, Japan.

ESG funds, the next trend in early stage investments?

Logistics, SaaS, health tech, and e-commerce industries to see significant growth in this ‘golden age of technology'.