News

Over half of large firms to move their finance systems to the cloud: survey

Over half of large firms to move their finance systems to the cloud: survey

Respondents also noted that CFOs should expand their roles beyond finance into risk management and cyber security.

ST Engineering gets green light from US to buy MRAS

The acquisition is set to close in the week beginning 15 April.

Surbana Jurong further subscribes to $300m of Changi Airports' bonds

This follows after the firm first subscribed for $500m bonds of Changi Airports.

UIC increases stake in Marina Centre Holdings for $485m

The company will be buying 10% of MCH’s shares from OUE, 10.27% from Finnegan and 4% from Mackmoor.

Singapore's mobile payments growth hits 46% in 2019

It lags behind Vietnam in terms of growth rate.

Daily Briefing: NUS Enterprise and MPA to invest over $600,000 in 13 maritime startups; E-scooter firm Lime to set up Singapore HQ

And predictive analytics provider AIDA Technologies clinches series A funding from Mastercard and SGInnovate.

Chart of the Day: Firms with deteriorating risk standing hit 21.36% in 2018

This represents a visible increase from just 15.13% in 2017.

3 in 5 Singaporeans willing to share data for cheaper banking products

Users are willing to share data on their income, location and lifestyle habits.

Singapore GDP growth eased to 1.3% in Q1: MTI estimates

Gains in the construction sector failed to offset manufacturing decline.

MAS stands pat on monetary policy as economy slows

The government expects the economy to grow between 1.5-3.5%.

Daily Briefing: Jewel Changi to open on 17 April; Median salary for PEI graduates up 3.92% to $2,650 in 2018

And Rockworth Capital Partners acquired 18% stake in ASX-listed Elanor Investors Group.

Chart of the Day: Overseas credit searches by Singapore firms up 2.05% in 2018

ASEAN accounted for the highest proportion of credit checks at 27.7%.

EZ-Link ties up with Malaysia's Touch n' Go for cross border Combi Card

It will allow users to pay for Singapore ERP fares and Malaysian highway tolls.

MapleTree Logistics Trust to sell five warehouses in Japan for $213.3m

These properties include Gyoda Centre, Iwatsuki B Centre, Atsugi Centre, Iruma Centre and Mokurenji Centre.