News
Singapore private sector PMI hit record-low since mid-2017
Singapore private sector PMI hit record-low since mid-2017
It fell by 1.9 points to 51.1 in August.
Singapore and Malaysia suspend high speed rail project
Malaysia agreed to bear the costs if it still has not proceeded with the project on 31 May 2020.
StarHub and Temasek form cybersecurity joint venture
The JV is expected to generate revenues in excess of $100m annually.
2018 GDP still likely to hit 3.2%: economists
They are bullish on external growth but bearish on the property scene.
New developments could bolster mall traffic for Frasers Centrepoint Trust
Causeway Point will soon have an underground pedestrian link to Woods Square.
Singaporeans grew portfolios in Europe with US$3.4b investment in H1
This led Singapore to be the most active in Asia for outbound investment.
OCBC blames software failure for 3-hour service outage
ATMs and banking channels were down during the outage on 1 September.
UBS to launch eFX engine in Q2 2019
It is expected to improve the FX market’s transparency and efficiency.
Highest bidder for Dairy Farm Road site offered $368m
The highest bid for the Jalan Jurong Kechil hit $215m.
Singapore's healthcare spending boom in sight as more hospitals open doors
Over 3,000 beds will be added in five years.
Share buybacks surged 308% to $245m in August
The highest buying spree from DBS alone which totalled $150.77m already toppled the monthly threshold of $100m.
Chart of the Day: First-time issuances in Singapore's debt market inched up 43% to 63
Amongst the first-time issuers are Parkway Pantai which issued a US$500m senior perpetual bond.
Daily Briefing: Singapore family office heats up Asia's hedge fund fight; NUS invests $18m in launch of 250 startups
And a Canadian startup aims to aid AI Singapore for Smart City initiatives.
Daily Markets Briefing: STI down 0.35%
Trade tensions could affect gains in the local bourse today.
Canberra Link EC site's highest bid hits $271m
The other eight bids ranged from $201m to $258m.
Here's why high exposure to foreign currency is a bane for Singapore banks
Their dependence on foreign funding and external debt levels makes them 'more vulnerable' amidst the trade wars.
GIC sells 50% stake in Sydney skyscraper for $889m
Chifley Tower houses Snapchat, Blackrock, Morgan Stanley, and UBS as its tenants.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape