News
HSBC Singapore rolls out mortgage for Australian homes
HSBC Singapore rolls out mortgage for Australian homes
It will initially be available to properties in Sydney, Melbourne, Brisbane, Perth, and Adelaide.
StarHub profits down 36.1% to $39.5m in Q2
Lower revenues from mobile, pay TV, broadband, and equipment sales hit earnings.
Singapore hit by farm-to-market food losses worth $2.54b
393,000 tonnes of food loss occurs during upstream and midstream from imported foods and local farms.
SGX and India's NSE receive greenlight to set up joint financial center
The NSE IFSC-SGX Connect aims to launch before end-2020.
New business premiums in life insurance down 2% to $1.97b in H1
The decline in single premium policies dragged half-year figures.
CapitaLand profits down 5.3% to $875.4m in H1
Home sales in its core markets of Singapore and China declined.
Malaysia International Business Awards is now open for nominations
Deadline for submission of entries is on 31 October.
Chart of the Day: Life insurance industry workforce hits 8,282 in H1
The number of tied representatives also fell to 15,117.
Daily Briefing: Medtech startup DocDoc raises $17.7m in funding round; Over 20,000 locals booked HDB flats under Single Singapore Citizen Scheme
And Shell is mulling the installation of solar panels for its Bukom refining site.
Daily Markets Briefing: STI down 0.75%
Singtel led the gains with a 3.03% increase.
6.6 million of global international arrivals came from Singapore in 2018: report
Singaporean travellers contributed $8.43b to total travel expenditure worldwide.
Genting Singapore may shell out $1b in FY2019 capex: analyst
The firm is likely to incur $250m per quarter for land acquisition alone.
MAS and SGX RegCo launch trade surveillance practices guide
It encourages proper recordkeeping and periodic quality assurance reviews on compliance reports.
YZJ Shipbuilding profits up 11% to $345.4m in H1
However, new shipbuilding orders declined by 50% YoY in DWT terms.
Tourist spending down 4.8% to $6.5b in Q1
Spending for accommodation and shopping fell sharply during the quarter.
Google and UOB launch SME Leadership Academy
The programme features discussions on how to use digital tools for HR and marketing.
MAS launches consultation paper on controls against market abuse
It proposes to tighten requirements for ultimate beneficial owners, amongst others.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform