News

Frasers Property Singapore, BCA pilots magnetic bollards for escalator safety in malls

Nine in 10 escalator incidents recorded in 2023 were due to user behaviour.

SG, Thailand launches ASEAN's first 2-way exchange-level depository receipts linkage

Yuanta Securities and Krungthai Bank were the first issuers of DRs on SG-listed companies in Thailand.

SATS marks 3rd consecutive year of losses

As a result, the SGX will likely place the company under its watchlist.

Skipping the Festive Frenzy: 3 in 10 Singaporeans forego seasonal shopping

Of those who shop for the holidays, 28% do so 3-4 weeks early.

Signs of a broader recovery in manufacturing could emerge in mid-2024: expert

An expert said manufacturing activity has likely bottomed following the 7.4% YoY jump in output in October.

FairPrice to offer discount offsetting GST raise

The discount will be implemented on national brands and house-brand groceries.

Condo resale prices increase by 7.5% YoY in October

Across submarkets, OCR posted the highest year-on-year price increase.

Condo resale volume jumps 14.7% MoM in October

Over 800 units got resold during the month.

Soilbuild Group bags Tampines North Drive 4 site tender for $85.8m

Tender for the industrial site closed on 24 October.

MSIG S’pore launches anti-scam fix

The initiative is set to commence integration next month.

DBS provides S$180m green loan to refinance Melbourne office tower

The 17-level building in Collins Street is wholly owned by public sector pension fund KWAP.

Finance executives unveil 3 business growth generators in the industry

Firms are embracing emerging banking models but showing reluctance towards AI adoption.

LHN Limited’s net profit drops 16.6% YoY to $38.2m in FY23

Despite lower profit, the company proposed a 71.4% YoY higher dividend per share.

Singapore’s FIs ready for asset quality risks: MAS

Financial institutions are in strong capital and liquidity positions and have healthy profits.