News
Chart of the Day: Prime retail rents remained flat in Q3
Chart of the Day: Prime retail rents remained flat in Q3
Orchard Road rents remained unchanged on the back of limited supply, which offset lower tourist spending.
Daily Briefing: Lending platform Lend East to raise $68.07m in debt; Alexis shop units for sale at $10m
And former Citi managing director joins Temasek’s Pavilion Energy.
Daily Markets Briefing: STI down 0.72%
Venture saw the sharpest decline amongst top active stocks with a 5.84% fall.
Rocky timelines for product launches plagues Venture Corp
Net margins are expected to be tighter in the same period.
MAS to invest $2.72b to boost green finance initiatives
It will firstly invest $136.17m in BIS’ Green Bond Investment Pool.
Metro Holdings buys 20% stake in 14 Australian properties for $89.7m
These include four office buildings and 10 retail centres.
The search is on for Asia's most outstanding business solutions
Interested companies can send their entries until 28 February 2020.
SGQR to be rolled out across 27 hospitals
DBS has worked with three healthcare clusters on the payment infrastructure.
MAS develops blockchain-based integration for multi-currency payments
The prototype is being tested for commercial blockchain applications.
UOB launches digital finance management service
Customers can track the state of their finances, chase refunds, and monitor subscriptions.
ST Engineering profits up 3.4% to $139.14m in Q3
Contributions from MRAS boosted profits in the Aerospace sector.
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.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform