News

Foreign currency reserves hit $362.5b in July

Official reserves also went up from June.

Development charge rates for non-landed residential use up 13.8%

Find out which sector posted the biggest increase of 29%.

Wilmar acquires 50% stake in Aalst Chocolate

Analysts believe the transaction will be funded internally.

Hong Kong, Singapore eye grabbing a bigger share of the $540t derivatives business

Regulators have been in talks with the ASIFMA over the past five months.

Bank loans growth falls to 5.9% in July

Lower business loans slowed overall growth.

Chart of the Day: Retail growth hits 1.5% in Q2

Thanks to expansions in wholesale and retail trade segments.

Qantas adds services to Changi Airport operations

Services to Melbourne will increase to 14x weekly.

Far Eastern Bank completes merger with UOB

It will be implemented on 01 October 2017.

Hiring activity in financial industry slows down to 9% in July

Heavy restructuring pressures the local job market.

SIA signs code sharing agreement with Alaska Airlines

Its designator code will be available on routes with 37 destinations.