News

Singapore’s NETS boosts touchless payment options

Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.

Singapore’s AUM grew by $470b mostly due to institutional investors: MAS

The growth makes up around 20% of the increase in total AUM from 2017 to 2021.

SIA reveals partial redemption of 50% of zero coupon MCBs

The aggregate amount of the right mandatory convertible bonds (MCBs) is at $3.09b.

Centurion's group revenue climbs 5% YoY to $47.1m in Q1

By geographical area, the company recorded its highest revenue in Singapore.

Prime US REIT’s NPI drops 7.2% YoY to US$23.6m in Q1

Given the drop, the REIT also posted a lower distributable income of US$14.9m.

CLI sees improved revenue in Q1

Its real estate investment business saw an 11% YoY increase.

MUST’s portfolio occupancy falls to 86.1% in Q1

The REIT attributed the decline to Carter’s downsizing at Phipps.

Authorized and recognized unit trusts post net inflows of $897.58m in Q1

For now, Morningstar sees global slowdown impact has yet to come to fruition.

Daily Markets Briefing: STI down 0.02%, Sembcorp Industries is leading

Sembcorp Industries and HongkongLand are the most active stocks.

China reopening gains remain limited to Singapore and other ASEAN-4 markets

The only upside to China's reopening is the potential increase in outbound tourism.

Chart of the Day: Prices of property sale listings grew 0.7% in Q1

It rebounded close to the data from the third quarter (Q3) of 2022.

Singaporean proptech Ohmyhome debuts on NASDAQ

CEO Rhonda Wong discusses plans for expansion and growth in Southeast Asia after the IPO.

About 9 in 10 CISOs say resigned employees contribute to data breaches

Over half of security leaders reported loss of sensitive data in the past 12 months.

Live pig exports to Pulau Buluan likely to be suspended for another year: SFA

The government halted its production and import of live pigs from Pulau Bulan in April 2022.