News

KPMG allocates $2.04b for ESG commitments

These hubs are to be established in Europe, the Asia Pacific, and the Americas.

Market update: STI up 0.45%

Jardine C&C showed the most growth.

SPH bounces back with 69.8% increase in operating profit

This follows after SPH restructured its media business.

Maybank Singapore unveils new home mortgage, renovation green loans

The bank expects to process over 500 sign-ups yearly.

Banking sector’s loan exposure to Evergrande ‘insignificant’: MAS

Direct exposures to China’s property sector are less than 1% of non-bank loans. 

Office investment volumes crash 59.7% in Q3

But office investment sales are expected to improve in the next quarter.

SIAEC divests entire 39.2% shares in JV for aircraft parts repair

SIAEC’S stake is pegged at $3.79m (US$ 2.79m).  

ST Engineering strikes largest acquisition with TransCore deal

The deal is expected to be completed in Q1 of 2022.

F&B sales down 6.7% in August

This is a 6% decline from the value recorded in July.

VFlowTech secures US$3m in pre-Series A funding

The financing was led by Wavemaker Partners.

Market Update: STI down 0.7%

SATS, ThaiBev and Jardine C&C showed the most growth.

Singapore retail sales down 2.8% in August 2021

Petrol service stations contributed the most with 23.7% yoy growth.

PayPal regional execs to keynote virtual forum on cross-border e-commerce as holiday season looms

The event aims to prepare merchants to sell cross-border during the holiday rush.

Manufacturing sector expands for the 15th straight month

Singapore's PMI eased slightly by 0.1 points to 50.8 in September.

Sembcorp Industries signs MOU to deliver decarbonised hydrogen to SG

The MOU was also signed by Chiyoda Corporation and Mitsubishi Corporation.