News

Retail sales up 6.7% to $4.4b in December 2021

Excluding motor vehicles, an 8.6% YoY jump to $3.9b was observed.

Keppel Electric's ecoGreen encourages residents to switch to green electricity

The group also partnered with several banks to offer solar panel financing plans.

MAS clarifies coverage for loss arising from scams

OCBC fully-covering losses should not set a general precedent for future cases, the regulator said.

Full-year Manufacturing PMI to grow by 4% in 2022: UOB

The growth, however, will be underpinned by buoyant global trade activity.

Singapore approves Pfizer's oral med Paxlovid for COVID treatment

Paxlovid is the first oral tablet in the country approved for the treatment of COVID-19.

Singapore releases methodologies on responsible use of AI by financial institutions

The Veritas Consortium also released an open-source toolkit to help with adoption.

DBS acquires Citi Consumer Taiwan

The sale had a total cost of $2.2b.

SG Budget 2022 to focus on strengthening post-pandemic economy

Minister Lawrence Wong also acknowledged the difficulties faced by sectors. 

Market update: STI up 2.01%

HongKong Land was seen with the most growth.

Is the worst over for the semicap industry?

Maybank says chip shortage is becoming less severe.

Singtel, Microsoft to launch their first public edge computing solution

The network will be made publicly available in the second half of 2022. 

MAS, CSRC strengthens capital markets supervision and connectivity

China and SG discussed implementing the initiatives from the 17th joint council.

Ascott establishes $204.8m new student accommodation

The freehold is the ninth in Ascott's student accommodation portfolio in a year.

Singtel to co-develop data centres in Thailand with Gulf Energy and AIS

This is pursuant to the September 2021 MOU between Singtel and Gulf Energy.

SG vows enhanced bilateral cooperation with the Philippines

The focus will be on security and defence and education.