News

Singapore GDP growth eased to 1.3% in Q1: MTI estimates

Gains in the construction sector failed to offset manufacturing decline.

MAS stands pat on monetary policy as economy slows

The government expects the economy to grow between 1.5-3.5%.

Daily Briefing: Jewel Changi to open on 17 April; Median salary for PEI graduates up 3.92% to $2,650 in 2018

And Rockworth Capital Partners acquired 18% stake in ASX-listed Elanor Investors Group.

Chart of the Day: Overseas credit searches by Singapore firms up 2.05% in 2018

ASEAN accounted for the highest proportion of credit checks at 27.7%.

EZ-Link ties up with Malaysia's Touch n' Go for cross border Combi Card

It will allow users to pay for Singapore ERP fares and Malaysian highway tolls.

MapleTree Logistics Trust to sell five warehouses in Japan for $213.3m

These properties include Gyoda Centre, Iwatsuki B Centre, Atsugi Centre, Iruma Centre and Mokurenji Centre.

MAS bans reps from HSBC, UOB, and NTUC Income over fraud

Their cases involved deception, sales of fake products, and forgery.

Chart of the Day: Listed property developers' returns up 2.7% in March

It trailed only behind tech and REITs as the sector with the best performance.

Singapore keeps grip on maritime capital crown: report

It maintained its lead despite a weak trade cycle in traditional shopping and offshore oil and gas market.

E-commerce startup ShopBack clinches US$45m funding from Rakuten and EDBI

The proceeds will be used to enhance data capabilities and fuel expansion plans.

Keppel Infrastructure Trust hauls $500.8m in equity fundraising

The proceeds will be used to partially repay a loan facility to fund the acquisition in Ixom.

Condo rents up 1.5% in March

Leasing activities usually recover from March following the CNY lull.

SGX to launch interest rate derivatives on Japan repo

The SGX Nikkei 225 Index TRF will kick off on 13 May.