News
MAS slaps $930m additional capital requirements for DBS
MAS slaps $930m additional capital requirements for DBS
This comes after the bank’s digital services went offline in November.
Market update: STI up 0.79%
Jardine Matheson Holdings was seen with the most growth.
Strata commercial market achieves record-highs in 2021
Amongst records set was the $1.2b total sales value in the strata office market.
S-REITS see shaky performance in 2022
The previous year saw 6% in total returns for 2021.
Singapore REITs vs Malaysian REITs: Which will be better to invest in this 2022?
RHB said both are financially stronger to cope with increasing interest rates.
Tenant sales in CICT’s downtown malls reach pre-pandemic levels of 85%
UOB Kay Hian said tenant sales will enhance further this year.
Yangzijiang, OCBC, and Nanofilm Tech top buyback consideration tally for January
26 primary-listed stocks bought back their shares for a total consideration of $52.9m.
Lendlease Global Commercial REIT’s net profit dips 2.5% YoY to $29.6m in H1 FY2022
The decline was offset by lower property operating expenses.
Market update: STI up 0.44%
Sembcorp Industries was seen with the most growth.
F&B sales jump 7.4% YoY in December 2021
The total sales value was at an estimated $855m.
Retail sales up 6.7% to $4.4b in December 2021
Excluding motor vehicles, an 8.6% YoY jump to $3.9b was observed.
Keppel Electric's ecoGreen encourages residents to switch to green electricity
The group also partnered with several banks to offer solar panel financing plans.
MAS clarifies coverage for loss arising from scams
OCBC fully-covering losses should not set a general precedent for future cases, the regulator said.
Full-year Manufacturing PMI to grow by 4% in 2022: UOB
The growth, however, will be underpinned by buoyant global trade activity.
Singapore approves Pfizer's oral med Paxlovid for COVID treatment
Paxlovid is the first oral tablet in the country approved for the treatment of COVID-19.
Singapore releases methodologies on responsible use of AI by financial institutions
The Veritas Consortium also released an open-source toolkit to help with adoption.
DBS acquires Citi Consumer Taiwan
The sale had a total cost of $2.2b.
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