News
Changi Airport's passenger movements grew 5% in October
Changi Airport's passenger movements grew 5% in October
Japan and Vietnam recorded the most passenger traffic.
Daily Briefing: Clifford Capital to co-found platform for securitising infra debt; MOM expands training programme for PMETs
And a StanChart stalwart joins UOB’s technology and operations department.
Chart of the Day: Singaporeans worked 42.9 hours a week in June
The percentage of part-time workers rose despite the slight climb in their work hours.
Daily Markets Briefing: STI down 0.46%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 2.83% slide.
Two GLS housing sites at Canberra Drive put up for tender
The adjacent parcels could yield about 675 units.
2 World Bank Philippines Catastrophe Bonds get listed on SGX
The cat bonds will fund $307m of protection against earthquakes in the Philippines.
$3.13b of health expenses went to stress-related illnesses
35% of attendances in primary care are related to stress conditions.
Dental cosmetics startup Zenyum bags US$13.6m in Series A funding
It eyes launching a brand for retainers and teeth whitening.
Merger eyed for Frasers Logistics and Frasers Commercial Trust: report
The combined company will manage almost 100 properties worth $4b.
Employment rate rose to 80.8% in June despite economic slowdown
But income growth grew at a slower pace.
RHT Health Trust seeks to suspend EGM for winding up process
The Indian Supreme Court said the $895.55m disposal of RHT’s portfolio, which is part of the winding up, violated its orders.
3 in 5 consumers would ditch brands with low-quality ads
68% think brands are accountable for the content in their ads.
Hiap Seng Engineering suspends share trading amidst restructuring
It eyes scaling down its EPC projects.
SGBike becomes Singapore's biggest bike-share operator after licence transition
It will have a 25,000-strong fleet.
SGX launches variable rates for securities borrowing and lending programme
Borrowing rates for index stocks, REITs, and business trusts will be changed from 6% to 0.5% per annum.
Only 1 in 4 businesses run by women as gender gap persists
Entrepreneurial activity rate compared to men is also low, with only 7.2 female entrepreneurs for every 14.8 male entrepreneurs.
Returns of CPFIS-included funds rose 0.18% in Q3
Positive returns of 0.47% were recorded amongst investment-linked insurance products.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform