News
Singapore bank loans shrink 1% in June despite economy reopening
Singapore bank loans shrink 1% in June despite economy reopening
Consumer loans fall for the 11th straight month.
Property scene face hazy prospects in H2
Albeit a few bright spots, JLL expects falling rents to persist in all segments.
Daily Markets Briefing: STI down 1.78%
Medtecs International led the gains amongst top active stocks with a 12.22% expansion.
Chart of the Day: Suburban retail occupancy rates down to 88.8% in Q2
Retailers in the region saw a lack of sales as people avoided malls.
Daily Briefing: National Wages Council to update guidelines in the labour market; Fraxtor, QIP tie up to launch a property investment platform
And Pratt & Whitney lays off 20% of its Singapore workforce.
Bain & Company's Gerry Mattios headlines SBR webinar on modern supply chains
The deep-level supply chain strategy expert will provide an update on managing logistics and supply lines in the Post-Covid era.
SFF x SWITCH 2020 to adapt hybrid online-offline platform
The event, running from December 7-11, will be hosted across cities globally.
Grab snags $275.13m from South Korean private equity firm
Stic Investments will invest about $137.57m (US$100m) from one of its funds.
F-drones Yeshwanth Reddy joins SBR's From Turbulence to Triumph webinar
The co-founder will share his vision for the digitalisation of supply chains across Asia-Pacific.
Services sector braces for weaker business environment in H2
Most segments, especially accommodation and real estate, are projecting demand to fall.
SGX's profit up 21% to $472m in FY2020
All revenues from FICC, equities and data, connectivity and indices rose.
Decline of Singapore's famed shopping strip shows city's pain
Orchard Road’s malaise is a microcosm of the city-state’s pain.
DBS rolls out digital solutions, portal for retirement needs
The “Map Your Money” dashboard will help visualize the user's future cashflow.
MAS awards SRFB privileges to StanChart, will revamp SRFB framework
Lenders who substantially exceed the SRFB criteria may be allowed to open subsidiaries.
Manufacturing sector outlook remains soft for H2
The transport engineering cluster is the most pessimistic as firms expect a weak environment.
Drone startup clinches undisclosed funding from Royal Vopak NV
It will be used on expanding across Asia, Europe and the Middle East.
UOB floats Finance Academy for employee development
It allows the bank's Finance team to train in areas like asset and liability management.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform