News
EHT suspends stapled securities trading as $496.11m in loans defaulted
EHT suspends stapled securities trading as $496.11m in loans defaulted
Its master lessees failed to pay rent.
3 in 5 Singaporeans open to digital-only banks
More than half are willing to jump to new players with no prior banking experience.
MAS asks financial firms to ensure COVID-19 distancing measures
Online platforms and employee distancing should be implemented.
MAS may reduce S$NEER policy band to neutral: analyst
Re-centering the band remains unlikely for now.
Credit searches by local firms down 24.06% in 2019
This is the first contraction seen following seven consecutive years of growth.
SPH unit scraps purchase of six Canada senior housing assets
They decided to terminate the agreement amidst the pandemic.
Temasek's top holdings plunged $34.24b in three months: report
Singtel is the biggest source of the decline as Temasek’s stake in it slumped $10.78b.
Daily Markets Briefing: STI down 7.35%
UOB saw the sharpest decline amongst top active stocks with a 7.33% contraction.
Chart of the Day: Clothing and footwear spending to expand 4.9% by 2024
Each Singaporean is expected to spend $928 yearly on apparel in 2020.
Inflation down 0.1% in February
Falling costs of airfares and holiday expenses dropped.
OUE CREIT launches $2b multicurrency debt issuance programme
Proceeds may be used partly for refinancing the trust’s borrowings.
DBS provides $178.09m sustainable loan to HK listed REIT
Proceeds will be used for general corporate funding purposes.
Investment banking fee revenue down 58.7% to $134m in Q1
Advisory fees for M&A deals plunged 80.4% YoY to $16.04m.
3 in 4 firms seek a second support package
Defraying wage costs and tax rebates were the most sought-out subsidies.
Tiong Seng bags $227.5m contract to build Tan Quee Lan apartment
The two 30-storey apartment blocks will house over 500 units.
MOH limits entry of work pass holders for needed services
It has shut entry of short-term visitors partly to conserve resources.
SIA cuts 96% of capacity until end-April
It saw a fall in passenger revenue as demand for air travel collapsed.
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