News
Daily Briefing: MAS launches $86.6b swap facility with US Fed; Singapore, New Zealand to maintain open supply chains amidst virus outbreak
Daily Briefing: MAS launches $86.6b swap facility with US Fed; Singapore, New Zealand to maintain open supply chains amidst virus outbreak
And Scoot has temporarily suspended flights to 49 destinations.
Chart of the Day: Condos with $1-1.5m price tags ruled sales in 2019
The units accounted for 38% to 47% of sales for the year.
Daily Markets Briefing: STI down 4.73%
OCBC Bank saw the sharpest decline amongst top active stocks with a 4.83% contraction.
Singapore unveils transition roadmap for new interest rate benchmark
SORA will replace the current key benchmark by end-2021.
BreadTalk seeks approval to waive breach of $100m notes
It would like to change the Consolidated Tangible Net Worth covenant to not less than $50m.
MAS fines accounting firm for anti-money laundering lapses
The firm failed to vet transactions at risk for money laundering and terrorism financing.
SBF and V3 unveil regional data academy to support SMEs
Digital academy aims to help enterprises cope with the economic effects of COVID-19.
MAS bans six individuals for fraud
Four former insurance agents and two bank employees were charged.
Hyflux gets a new Spain-based potential investor
It noted that the letter comprises a potential transaction involving the company or its assets.
About 60% of employees search for jobs during working hours
About half of them do not feel guilty for doing so.
SIA's losses could amount to over $1b in FY2021
The drop in oil prices will not save them as well.
Keppel sets up package in aid of national efforts against COVID-19
The initiative is expected to raise more than $4.2m.
Fintech startup MatchMove applies for digital bank license
It partnered with lender Singapura Finance and other fintechs for its bid.
Yanlord Riverside Garden sells out all units for $162m
The launch and pre-sale was conducted online.
People analytics startup EngageRocket bags $3m in series A funding
This brings the company’s total funding to $4.5m.
ST Engineering units launch $5b multicurrency medium term note programme
Issuers will be allowed to issue notes from time to time.
SGX RegCo sets guidelines for holding annual general meetings
Issuers are advised to use a video link and segregate attendees across various venues.
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Commentary
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.