News
SG retains its title as 3rd largest global FX centre
SG retains its title as 3rd largest global FX centre
It ranked behind the United Kingdom and the United States.
CapitaLand Investment enters joint venture to establish Asia-focused self-storage platform
The initial equity investment is worth $570m.
E-commerce related phishing on the rise: Kaspersky
In Q2, the number of phishing attempts rose by almost 50%.
Keppel inks revised deal on merger of its O&M division with Sembcorp Marine
The revised deal will accelerate the completion of the merger.
Private residential prices rise 3.8 YoY in Q3: URA
The increase was higher than URA’s initial estimate of 3.4%.
MPACT’s net income jumps 44.9% YoY in H1 FY22/23
The “all-rounded” improvements in the trust’s Singapore properties drove the increase.
UOB’s net profit soars 34% YoY in Q3
The increase was driven by strong net interest income amongst others.
Trade challenges weakened manufacturing production: analysts
Decrease in exports and decline in manufacturing index affected manufacturing.
Daily Markets Briefing: STI up 0.4%; DFI Retail Group top performer
Top gainer is DFI Retail Group with 3.42%.
Rents in industrial property market climb 2.1% in Q3
Prices also increased by 2%, the JTC reported.
Singapore, Sarawak partner to develop carbon capture storage
This will cover policy exchanges and potential project implementations.
SG, Japan ink MOC to boost LNG supply chain
It will augment energy security for the market’s decarbonisation target.
Energy Market Authority launches two-year study for optimising energy consumption
Companies will be paid based on reduction on prices or energy demand.
Mapletree Industrial Trust’s NPI grew 8.3% in Q2 FY 22/23
It attributed higher earnings from stable portfolio performance.
Central bank proposes to regulate stablecoins, add rules for DPT providers
It seeks to prevent consumer harm from cryptocurrency trading.
Singapore, Cambodia ink MOU for cross-border energy cooperation
It is expected to pave the way for greater cross-border electricity trade between the two.
Manufacturing output up 0.9% in September: EDB
Only biomedical, electronics and chemicals segments posted decline.
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