News
‘Human error’ reason for DBS digital banking glitch in May
‘Human error’ reason for DBS digital banking glitch in May
The incident caused disturbances in mobile, electronic and ATM transactions.
Sembcorp Industries, Gentari ink MOU for clean energy development
The MOU will cover developments in renewable energy and low-carbon hydrogen.
Microsoft, Singlife push for AI adoption amongst insurers
Singlife is the first in its industry to collaborate with Microsoft for the programme in ASEAN.
Mandatory climate reporting for listed and large non-listed firms recommended
The sustainability reporting advisory committee (SRAC) consulted 90 participants.
Over $8b allocated for climate transition: MAS
The figure represents about 2% of the central bank’s portfolio.
Singapore expands tax incentives for single-family offices
The central bank will make adjustments in five areas of the tax incentives landscape for SFOs.
Tourism demand to improve retail sales momentum in 2H23: experts
In May, retail sales growth decelerated to 1.8% YoY.
Singapore Polytechnic taps KPMG to develop net-zero sustainability roadmap by 2024
The roadmap encompasses four phases.
Frasers Centrepoint Trust bags $419m green loan, carbon credits from OCBC
The loan will be used to accelerate Tampines 1’s journey to carbon neutrality amongst others.
STB remains confident in the tourism potential of Jurong Lake District site: Low
The site failed to receive submissions during its launch in 2022.
Gov’t reviews introduction of SingPost’s postage rate adjustments
This will help SingPost to operate on a viable business model.
HDB resale prices grew 0.6% MoM in June
Mature estate prices went up 0.7% MoM in June 2023.
Freehold Kingsley Mansion in Balestier on sale for $52m
The sale via public tender will close on 2 August 2023, at 3 p.m.
Construction Group subsidiary wins contract for building energy logistics hub
It will build a facility that will achieve sustainable certifications.
Central bank logs $30.8b net loss in FY22/23
The Monetary Authority of Singapore (MAS) said there were higher interest expenses.
Retail sales climb 1.8% YoY in May
Month-on-month, however, sales fell 0.2%.
F&B sales growth eases to 8.5% in May
In April, F&B sales grew 15.3% YoY.
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