News

Singapore dollar plunges after MAS' monetary easing announcement

The Singapore dollar dropped 0.9% to $1.3824 against the US dollar.

Buyback consideration hit $29.9m in January

OCBC bought back 750,000 shares for $8.25m.

Tech firm CSE Global clinched $230m of new orders in Q4

More than half of $190m was secured in its O&G sector.

SIAS refutes Utico's claims in Hyflux's town hall meeting

The UAE-based firm said that the association has not worked towards a better deal for P&P holders.

MAS' monetary policy stance to remain unchanged despite nCov impact

S$NEER is still said to be in line with weaknesses in Singapore’s economy.

IPOS and SGX to launch evaluation programme for intangible assets

It will be offered exclusively to SGX-listed companies or firms preparing for listing.

Singapore ranks 13th amongst top global cities

Cities were ranked according to their environmental, economic, and university impact.

Chart of the Day: Services sector headcounts rose to 53,700 in 2019

These slowed down to 13,300 in Q4 despite boosts in retail and F&B sectors from festive hiring.

Daily Markets Briefing: STI up 1.29%

CapitaLand led the gains amongst top active stocks with a 2.54% expansion.

Nearly 9 in 10 R&D professionals bullish about future of product development

Respondents cited the government’s support and clear direction that will boost R&D.

Serviced residence operations could shield ART from coronavirus' impact

The longer length of stay compared to hotels could provide a buffer to occupancy declines.

Digital health startup Gmedes launches delivery app for routine medications

The G-MEDS app will allow same or next day delivery of medicines.

Travel ban from China may impact Orchard Road malls

Chinese visitors spent more on consumables compared to the average visitor.

Budget deficit could widen to 2.3-2.6% of GDP amidst nCov dilemma

The government is expected to provide a wider expansionary budget to prop up businesses.

Grab buys robo-advisory startup Bento

It will be rebranded as GrabInvest to offer cash management solutions.