News
Goldman Sachs' $165.6m payment not a fine: authorities
Goldman Sachs' $165.6m payment not a fine: authorities
It was made in response to a conditional warning by the CAD.
Daily Briefing: HDB resale volumes spike 127.3% in Q3; SG, Germany to establish 'green lane' for work, official travel
And SG, Germany agree on 'green lane' for essential business and official travel.
Daily Markets Briefing: STI up 0.36%
OCBC Bank led the gains amongst top active stocks with 0.57% expansion.
Residential property prices rise in Q3 as investors reposition assets
Long-term investors, wealthy buyers may be looking at properties amidst flight from riskier assets.
Prices of office space inch up 2.2% in Q3
But rental prices slipped 4.5%.
Retail property price rise 2.3%, rentals dip 4.5% in Q3
Stock retail space took a plunge from a previous increase.
MOF grants $810m in WSP to 470,000 lower-income Singaporean workers
Remaining $1,500 in WSP to be given out in October; additional 70,000 workers will receive $3,000.
MPA, partners to produce 1000 traineeships, attachments in the maritime sector
Opportunities are in automation, digitalisation and supply chain integration.
MAS bans ex-BSI Bank rep over $6.79m ‘secret profits' from 1MDB
Swampillai also made deliberate misrepresentations to 1MDB’s auditors.
Goldman Sachs to pay US$122 over 1MDB scandal
They will also pay US$2.3 billion to the US government.
Daily Markets Briefing: STI up 0.11%
Wilmar Intl led the gains amongst top active stocks with a 1.42% climb.
Daily Briefing: STB, Airbnb Experiences unveil virtual tourism platform; Startup Cavago aims to be the Airbnb for horse-riding community
And Costa Rican firm OMNi aims to bring electric motorcycle-sharing to SG.
Most Singaporeans to immediately divest equities in market downturn
But they may have lost up to 18% of gains by jumping the gun.
Retail rents tipped to fall up to 15% in 2020
Rental gap between suburban malls and in Orchard will continue to narrow.
Keppel DC REIT NPI up 47.6% to $62.37m in Q3
DPU for the quarter is 2.357 cents, more than 22% higher than in Q3 2019.
NTU ranks 38th globally in 2020 US News & World Report university rankings
The university also placed first internationally in three subjects.
CapitaLand Mall Trust NPI down by 27.6% to $104.4m in Q3
However, DPU was 1.3% higher over the same period.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’