News
Singapore PMI continues six-month expansion streak
Singapore PMI continues six-month expansion streak
Factory activity continues to accelerate in December.
Payment performance of local businesses improves in Q4 2020
Construction sector registered the highest proportion of slow payments in Q4.
Hyflux judicial managers to hold virtual townhall
It is scheduled on 14 January.
RSK Group to acquire water business in Singapore
Black & Veatch’s water businesses would be rebranded as Binnies.
Singapore tightens regulation of virtual payment entities to combat risks
DPT activities carry higher inherent money laundering and terrorism financing risks, says Minister Ong.
Top Glove to pay 20% special dividend to shareholders
This is in addition to the 50% dividend payout ratio.
Employers hope for business continuity in 2021: research
There will be great emphasis on health, hygiene, and safety in the workplace.
Market Update: Singapore shares start 2021 in the green at 2,858
The first day of 2021 trading ended in a win for Singapore's main index.
Industrial production rose by 17.9% in November
This growth sets off the 0.8% YoY decline posted in October.
EHT unitholders reject SC Capital as new manager
The sponsor believes that unitholders were wary of SC’s lack of experience in the US market.
First REIT seeks unitholder support after proposed rights issue
The proposed rights issue is critical for First REIT to meet its debt covenants.
Online shopping boosts Singapore's cashless payments market
Seven in 10 consumers shopping online increased their use of digital payment methods.
Metro Holdings acquires 26% of 14-property industrial portfolio
The investment made was about $76.7m.
Private residential property prices up 2.2% in 2020
Prices are expected to pick up in 2021 amidst booming buyer sentiment.
The Place Holdings to participate in mixed development project in Tanah Merah
The project will yield up to 265 condo units and 2,000 square metres of commercial space.
Singapore strengthens maritime sector COVID-19 regulations
Two new cases were recorded on 30 and 31 December 2020.
Economy contracted 5.8% in 2020
The manufacturing sector improved, whilst the services sector continued to falter.
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