News
Del Monte Pacific to raise up to $774m in private placement to cut debt
Del Monte Pacific to raise up to $774m in private placement to cut debt
The equity raise will be executed through Del Monte Philippines Inc.
Public sector emissions down 1.9% in FY2024
Total emissions were 3.6 million tonnes of carbon dioxide.
Independent panel formed to improve rail reliability
The panel will offer technical advice and share best practices to boost rail reliability.
Daily Markets Briefing: STI up 0.22%; Top stock is ST Engineering
Singapore Technologies Engineering Limited is the top stock with a 2.76% increase.
Retail rebound may fade as labour and trade headwinds emerge
RHB and UOB attributed the improvement to a rebound in tourism and targeted government support measures.
Fintechs accelerate global expansion with IFC partnerships
About 41% of Singapore-based fintechs surveyed see DLT as foundational to their operations.
Hourly CFE matching could save SG $238.6m annually by 2030
A planned 1 GW link to Batam, Indonesia, would increase Singapore’s base CFE share to 10% from about 2.7%.
Over 38,700 exploit attempts on Singapore firms blocked in H1
Kaspersky also detected over 470,000 web threats in Singapore alone.
Tax policy pulls Singapore down global competitiveness ranking
Singapore slips to second place behind Switzerland in the IMD World Competitiveness Ranking.
Singapore banks introduce safeguard for large digital withdrawals
Accounts losing over 50% of balance may enter a 24-hour cool-off period.
Keppel-led consortium tapped for next phase of Jurong Island low-carbon ammonia project
A FEED study will be conducted for an ammonia power plant.
HDB resale prices up 4.8% YoY in September
Resale prices inched up 0.6% MoM.
OCBC launches upskilling programme for mortgage specialists
They can now advise home loan customers on investments and insurance.
Jardine Matheson’s Astra acquires majority stake in Indonesian industrial property firm MMP
Astra acquires 83.67% of MMP.
PMI edges up to 50.1 in September
New orders, new exports, and input purchases grew at a faster rate.
Tanjong Pagar office unit up for sale
It spans 5,425 square feet.
COTD: Singapore startup funding jumps 165.14% MoM in September
Early-stage startups (51.7%) held the largest share of funding.
Read Here
Advertise
Sign Up
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore