News
Singapore’s Blockchain & Crypto startups capture most seed investments in H1
Singapore’s Blockchain & Crypto startups capture most seed investments in H1
This is despite MAS moving to tighten retail investors’ access to crypto.
Singtel's net profit jumps 41.3% YoY in Q1
The group attributed its profit growth to Airtel's improved operational performance.
Singtel Group to sell 3.3% of its shares in India's Airtel for $2.25b
The sale will be executed anytime before 23 November.
Private home prices to soften to 8%: report
Rising interest rates and financing situations will impact prices.
Chart of the day: Primary residential market sales volumes grows 31.3% QoQ
The secondary market only grew by 25.5%.
Market update: STI down 0.26%
Yangzijiang Shipbuilding logged the highest growth with 1.06%.
UOB Infinity rolls out new financial supply chain management services
The features will be rolled out to clients outside of Singapore, Hong Kong at a later stage.
MAS slaps Noble Group with $12.6m civil penalty over SFA breach
Two former directors of the group’s subsidiary also received warnings from authorities.
Olam Agri bags US$2.9b facility for refinancing of existing loans
The facility was based on Poseidon Principles.
Headline inflation hits 14-year high in July
It rose to 7% YoY.
Which new bank wins the race of digital banking licences?
An analyst says GXS Bank stood out amongst fresh entrants.
Chart of the day: Higher demand and higher prices boosts domestic wholesale trade
The year-on-year increase was led by the chemicals and chemical products industry.
Market Update: STI down 0.46%
Sembcorp Industries outperformed at the stock market.
Lendlease explains SGX query on $259,000 interest income
The group’s cash and bank balances reached $49.2m as of June.
Financing platform Funding Societies clinches US$50m loan with HSBC SG
It will use the money to extend more loans to SMEs in Southeast Asia.
DBS’ DDEx doubles trade volume in June from April
The number of BTC and ETH bought also rose by over 50%.
Cyber threats in SG rise 17.6% MoM in Q2
Over one million cyber threats were detected in Singapore.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform