News
Investment banking fee revenue down 58.7% to $134m in Q1
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.
Chart of the Day: Local buyers account for 78% of home deals in 2019
About 78% of transactions were those with known resident status.
Daily Markets Briefing: STI up 4.32%
SGX led the gains amongst top active stocks with a 7.57% expansion.
Daily Briefing: MAS launches $86.6b swap facility with US Fed; Singapore, New Zealand to maintain open supply chains amidst virus outbreak
And Scoot has temporarily suspended flights to 49 destinations.
Chart of the Day: Condos with $1-1.5m price tags ruled sales in 2019
The units accounted for 38% to 47% of sales for the year.
Daily Markets Briefing: STI down 4.73%
OCBC Bank saw the sharpest decline amongst top active stocks with a 4.83% contraction.
Singapore unveils transition roadmap for new interest rate benchmark
SORA will replace the current key benchmark by end-2021.
BreadTalk seeks approval to waive breach of $100m notes
It would like to change the Consolidated Tangible Net Worth covenant to not less than $50m.
MAS fines accounting firm for anti-money laundering lapses
The firm failed to vet transactions at risk for money laundering and terrorism financing.
SBF and V3 unveil regional data academy to support SMEs
Digital academy aims to help enterprises cope with the economic effects of COVID-19.
MAS bans six individuals for fraud
Four former insurance agents and two bank employees were charged.
Hyflux gets a new Spain-based potential investor
It noted that the letter comprises a potential transaction involving the company or its assets.
About 60% of employees search for jobs during working hours
About half of them do not feel guilty for doing so.
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