News
UIC profit down 13% to $52.9m in Q3
UIC profit down 13% to $52.9m in Q3
Lower contribution from its project, The Clement Canopy, dragged profits down.
MAS may extend $225m fintech funding programme beyond 2020
It eyes increased investments in cybersecurity and AI.
Venture Corp profit up 5.5% to $85.2m in Q3
Increased productivity gains and operational efficiency boosted growth.
Sembcorp launches app for doorstep recyclable collection services
It will first be rolled out to homes in the Woodlands zone.
DBS Group profits up 15% $1.63b in Q3
This was due to higher net interest income, loan growth, and fee income.
CapitaLand sells Citadines Mercer Hong Kong for $101.6m
The property has an agreed value of $129.4m.
Daily Markets Briefing: STI down 0.65%
Genting Sing saw the sharpest decline amongst top active stocks with a 2.08% fall.
Chart of the Day: Check out the notable hotel land sales in 2018-2019
Midtown Development secured the Club Street site for more than half a billion dollars.
Daily Briefing: NUS to co-invest in 30 deeptech startups annually; Blockchain startup Sky Mavis bags $2.04m funding
And Hong Kong’s Artyzen Hospitality Group will expand to Singapore.
Which e-wallet app is the most used in Singapore?
GrabPay topped the list of most number of active users and most downloads in a month.
Fintech Rapyd launches all-in-one Singapore payment platform
It enables users to make payments, convert cash, and receive funds electronically via a single platform.
Mastercard and Tappy Technologies to embed payment chips into accessories
This setup will be first seen in analogue watches by Timex Group.
SIA's bookings to get boost from long-haul flights
Passenger load factor edged up 1.2ppt to 84.8 in September.
Singtel eyes buying renewable energy from Australia
It expects to land a deal by mid-2020.
Singapore hotels slash check-in time via facial recognition tech
Check-in times could be reduced by as much as 70%.
OCBC, DBS vying for Indonesia's Bank Permata
Bank Permata’s owners are seeking a valuation 1.6x of its book value.
General Electric invests $60m in gas turbine repair centre in Singapore
The centre will start repairing components in 2021.
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning