News

Ant Group-backed ANEXT BANK makes soft launch in Singapore

Regulator hopes new digital banks will further grow Singapore's financial sector.

CCCS raises competition concerns over acquisition of Air India by Tata Sons’ subsidiary

Tata Sons provides air transport services in India via a joint venture with Singapore Airlines.

Frencken, Lendlease top UOB Kay Hian’s stock picks

The firms outperformed the stock market by 0.8 percentage points in May 2022.

Easing of dine-in services increases F&B sales by 11.4% in April

It grew by 5.2% month-on-month on a seasonally adjusted basis.

Prime retail rents ‘stabilising’ after 2-year decline: Savills

Prime retail rents in Orchard Area rose by 0.4% in the first quarter of 2022.

Chart of the day: Singapore has the fastest internet speed in SEA

It achieved a median fixed broadband speed of more than 150mbps.

Market update: STI up at 0.16%

HongkongLand USD had highest growth with 5.08%.

MAS unveils new measures against digital banking scams

Default transaction limit for online fund transfers must be set to S$5,000 or lower.

Singapore wholesale digital-only bank Green Link Digital Bank debuts

The wholesale bank targets micro, small, and medium enterprises.

ESR-Logos Reit’s trustee priced subordinated perpetual securities at $150m

The net proceeds of the issuance will be used to fund the merger.

Selling prices of Pine Grove and Dunman Road may range from $2,200 to $2,400 psf

Top bids for the two sites were $1,318 psf ppr and $1,350 psf ppr, respectively.

ESG jobs demand up 257% in the last 3 years

This comes as climate change becomes included in most agendas of businesses.

Why was there low interest in Bukit Merah Ridge and Ghim Moh Ascent

Application rates for the two PLH BTOs range from one to four.