News
CLAR secures fifth data centre in the UK for $200m
CLAR secures fifth data centre in the UK for $200m
The data centre is a high-specification Tier III.
Securities turnover grows 19% YoY in July
It increased to $21.5b in July 2023.
MAS in process of tracing funds, assets related to $1b money laundering case
MAS says it has been in touch with FIs where the potentially tainted funds.
SGX net profit grew 10.3% in FY 2023
The total adjusted net profit was $503.2m in FY 2023.
Daily Markets Briefing: STI down 0.81%; The top stock is Hongkongland
The most active stock is HongkongLand, trading 1.65% up.
Higher prices in commodities cause Singapore’s young adult population to worry: Survey
More than a quarter of Singaporean young adults worry about insufficient savings for emergencies and financial goals.
New home sales in July reach an all-new-high since 2021
Around 6,500 to 7,500 new private homes will be sold during the year.
Sea Limited bounces back from losses with $449.6m Q2 net income
This is compared to a net loss of $1.2b US$931.2m for the second quarter of 2022.
The majority of businesses adapt business models for uncertain economic situations
More than a third of businesses want to automate work to support employees.
Payoneer SG obtains MPI licence, broadens services horizon
The licence will enable them to service more SMEs in the country.
Over one-third of Singaporeans cut back health-related expenses
TELUS Health said 65% curtailed their discretionary spending.
Singapore Airlines’ passenger capacity grew 28.1% YoY in July
The most attractive employer carried over 3 million passengers last month.
Daily Markets Briefing: STI fell 0.49%; Seatrium is most active stock
Seatrium closed trading at 1.50%.
Property prices may trade sideways due to high-interest costs
Edmund Tie anticipates prices to rise by 3-5% in 2023.
Central bank reveals new regulatory framework for stablecoins
It seeks to ensure a high degree of value stability for regulated stablecoins.
Families to be interested in Clementi Avenue 1 and Pine Grove sites
But developers continue to be cautious about high costs.
Singapore, Chile sign MOU for carbon markets, pricing collaboration
The markets will identify project opportunities and share best practices.
Read Here
Advertise
Sign Up
Commentary
Bootstrapping in Singapore: How small startups can thrive without investors
How outdated financial solutions are fuelling the SME exodus
The role passwordless plays in securing Singapore’s digital future
Green shipping's future: Strategic partnership between public and private finance
The great Singapore family business transition: Why legacy companies are choosing sales over succession
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape