News
IPOS cuts patenting process time for AI inventions
IPOS cuts patenting process time for AI inventions
Application-to-grant processes will be trimmed to six months from the typical period of two years.
Quarz Capital urges merger between Ascendas Hospitality Trust and Ascott Residence Trust
The merger is said to bring an asset base and market cap exceeding $6.6b and $3.6b, respectively.
DBS removes OTPs in digital token for corporate customers
The upgraded digital token will be available in Asia starting May 2019.
UOB ties up with SGX and CCOIC to support Chinese firms
The tripartite alliance aims to help Chinese firms expand to ASEAN.
Keppel raises medium-term note programme limit to $6.81b
Proceeds will be used for corporate and working capital purposes.
DBS Q1 profit up 9% to $1.65b
Strong interest income offset declining wealth management, brokerage and investment banking fees.
Daily Briefing: Singapore now home to 150 VC funds; Technology and data-related jobs to buoy hiring in finance
And Lakeside Garden, the first phase of Jurong Lake Gardens, opened for preview.
Daily Markets Briefing: STI up 0.13%
Expect some gains today.
Chart of the Day: Industrial prices down 0.1% in Q1
Rents remained flat in the first quarter.
Far East Hospitality Trust NPI up 9% to $25.07m in Q1
The income boost came from contributions from Oasia Hotel Downtown.
Hyflux CEO Olivia Lum vows to get $1 annual salary until firm ends restructuring
Hyflux is forced to make more cost-cutting measures after the SM Investments deal fell apart.
Motor insurance plan for new and young drivers launched
Policyholders attending a safe driver programme can have additional premium loading cut by 10%.
Manufacturing output contracts 4.8% In March
The electronics segment fell 15.3%.
Online hiring for banking roles up 28% in March
Singapore figures outpaced that of Malaysia and the Philippines.
Eagle Hospitality Trust lodges IPO prospectus
It plans to float its initial portfolio of 18 hotels across the US worth US$1.27b.
Overall unemployment rate holds firm at 2.2% in March
The manufacturing sector continued to shed workers.
GuocoLand's profits fell 12% to $35.01m in Q3
Lower sales of completed condo units continued to drag on earnings.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform