News

Allianz’s acquisition won’t have impact on market: Fitch Ratings

This deal will make it the largest property and casualty insurer in Singapore.

Sabana Industrial REIT NPI revenue and occupancy down in H1

Net property income (NPI) was $27.2m for the period.

Core inflation at 2.9% in June as prices retail, travel prices ease

Private transportation prices declined by 0.7% during the month.

Ban Leong Technologies announces board reshuffle

The firm elected a new chairman and director.

Tuan Sing to post a loss for H1 2024

The loss did not include divestment gains from a proposed divestment.

‘Flattish pricing’ seen for future developments on three URA sites: DBS

Homes on the Canberra Crescent site could sell for under $2,000 psf.

Singapore advised to diversify events for year-round tourism boost

Strategic event placement and hospitality packages key to maintaining tourist influx.

Singapore real estate investment sales up 52.6% in Q2

This growth was mainly due to higher revenue from GLS land sales.

Prudential Financial Advisers aims for 1,000 reps by end of 2024

By the end of 2025, it hopes to see 1,500 representatives.

Singapore stocks, dollar as safe haven for investors: expert

High dividend-yielding SGX-listed stocks good for defensive plays.

Seatrium bags repair and upgrade contracts worth $180m

All projects, except for one, will be completed by the end of the year.

Three in 10 Singaporeans have never used AI tools at work: report

Millennials see AI as having a positive impact on their jobs.

Singapore banks’ net interest margin are past their peaks: S&P

NIMs seen falling by 10 basis points each year over the 2024-2026 period.

MAS ramps up support for AI, quantum push in financial sector

The central bank commits $100 million under FSTI 3.0.

Moody’s joins MAS Project Guardian

It will provide risk analysis for tokenized fixed-income products.