News
IG's reinsurance to buffer Baltimore bridge loss
IG's reinsurance to buffer Baltimore bridge loss
The Singapore-based vessel, Dali, is insured by Grace Ocean.
Sompo Singapore to bolster regional strategy – S&P Global
The company is unlikely to be divested by the group, says S&P Global.
F&B silver lining in dampened retail leasing market
Leasing sentiment as of 1Q24 is hovering above 40%
Daily Markets Briefing: STI down 0.31%; Top stock is DBS
DBS is the top with a 0.587% increase.
Data protection, transparency in AI-powered firms a priority for customer engagement: report
Clear terms and conditions, return policies and privacy are among ways to earn consumer trust.
OCBC Securities marks fourth ETF launch in Singapore
The ETF guarantees a minimum 5% annual dividend for the first 2 years.
Temasek opens Paris office to expand Europe footprint
With the addition of the Paris location, Temasek now has 13 offices in nine countries.
MPA attracts financing and insurance proposals for electric harbour craft
It received a total of 19 proposals.
5 Enterprise One units listed for sale at $6.4M
The units have a guide price of $592 per square foot.
CLI and CDL lead SGX share buybacks in 1Q24
The buyback consideration recorded in 1Q24 was $232m.
Singapore banks’ interest rates will remain elevated until Q3: analyst
DBS and OCBC are expected to provide dividend yield of 7.4% and 6.5%.
M1 and Chubb partner for roaming plan coverage
Eligible participants get up to $5k for accidental death or disablement.
AI startup Mindverse secures $6.8m in Square Peg-led funding round
The startup will use the capital for research and product development.
Chan Yeng Kit appointed CEO of SPH Media, exiting health role
He will begin his CEO duties on 15 July.
MAS and Mastercard signs deal to bolster financial sector’s cyber resilience
The two parties aim to work together to formulate solutions that will help enhance cybersecurity.
Centurion unit, LionRock form JV for Hong Kong student housing
The JV estimates project cost and initial working capital to be HK$11.5m (or $2m).
SGX watchlist looms for 3 firms after consecutive losses
Of the three, one has recorded a 6-month average daily market capitalisation lower than $40m.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape