News

All COE premiums down in first bidding for September

Declines were recorded for the second consecutive bidding.

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.

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 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.