News

MAS commences first phase of AI adoption initiative

MAS commences first phase of AI adoption initiative

The consortium is developing a fairness metric for credit scoring and customer marketing.

SGX RegCo asks EHT to update and clarify on restructuring

They were asked to provide an outline of proposals made known to the special committee.

ComfortDelGro slashes June taxi rentals to half

However, the firm warned that this will push the company even further into the red.

MinLaw's proposed bill on rental relief could hurt S-REITs' cash flow

The bill has yet to clarify whether the start date is in March or April.

Singtel's profits slid 26% YoY in Q1

This is attributed to Airtel’s charges for regulatory costs.

Reduced MSCI offerings could slam SGX's FY2022 earnings: analyst

Futures movement may move to its rival in Hong Kong.

Total company dividends to drop 4.5% in 2020

UOB is expected to suspend its special dividend for 2020.

CapitaLand obtains $500m sustainability-linked bilateral loan

This brings the total funds raised to over $2.42b.

NUS raises $300m through maiden green bond

It will finance projects under its Green Finance Network.

SGX plunges most in 17 years as MSCI signs pact with HKEX

The move deals a blow to SGX, which considers the Hong Kong bourse one of its main rivals.

Chart of the Day: Far East Hospitality Trust's master leases led by fixed rents

Slow demand poses a risk to hotels receiving mainly fixed rents.

Daily Markets Briefing: STI down 0.43%

SGX saw the sharpest decline amongst top active stocks with a 11.62% contraction.

Utico lobbies to pay Hyflux creditors with equity

The initial cash offer did not gain support from creditors.

Business receipts down 1.1% in Q1

The recreation and personal services industry led the fall amongst sectors.

Stable playing field a gain for Singapore banks: report

High credit costs can be covered by profits.

Manufacturing output up 13% in April

This is largely attributed to the pharmaceuticals segment which grew 141.3%.