News

These two banks are the most vulnerable to growing trade tensions

The Greater China region represented a fourth of one bank’s profit before tax.

Homegrown F&B operator Koufu Group eyes IPO

It aims to build a 7-storey facility to support its stalls and outlets.

Auction property sales down 33% to $19.64m in Q2

The number of mortgagee sales and high-priced properties both fell in the period.

Singapore to toughen penalties for GST act offences

It wants to broaden IRAS’ powers when cracking down serious GST-related crimes.

oBike users urged to file proof of debt amidst liquidation

A Singapore consumer group said the bike-share firm will appoint a liquidator to distribute its assets.

Private condo prices rose 1.5% in May

Prices of condo units in the Central area gained 1.8%.

EDBI joins US$42m funding for US-based software

The funding will be used for the company's expansion into Asia Pacific and Japan.

Temasek invests $341.65m in US tech firm

The Singapore wealth fund is UST Global's first institutional investor.

Courts Asia offers to buy back $75m worth of 5.75% notes due 2019

The firm's existing cash surplus will fund their offering.

1.6 million Singaporeans to receive $1b worth of GST vouchers and MediSave top-ups

The GSTV scheme was introduced in 2012 to provide targetted assistance to lower and middle-income Singaporeans.

Chart of the Day: Government bonds raised $3.1b in 1H2018

Land Transport Authority’s $1.2b bond offering is the biggest SGD bond so far this year.