News
MAS net profit plummets by more than 50% to $5.2b
MAS net profit plummets by more than 50% to $5.2b
Half of the profit will be added to its reserves, whilst half will go to the government.
CapitaLand exits Japan retail sector, invests in new logistics facility
The real estate firm will invest $90.8m in a new logistics facility in Osaka, Japan.
ESG funds, the next trend in early stage investments?
Logistics, SaaS, health tech, and e-commerce industries to see significant growth in this ‘golden age of technology'.
Workforce confidence wanes in 2021: survey
Only 64% are confident about their firm's future compared to 81% in 2021.
Gov’t tops up $3.5m for maritime sector support
Fresh funds will be given to the MaritimeSG Together package to bring the cumulative amount to more than $36m.
UK-SG forge new financial partnership
The two maritime nations have committed to strengthen regulatory cooperation and accelerate green finance.
More Singaporeans ground travel plans for the next three months: survey
Singaporeans who plan to travel in the future dipped from 22.40% to 20.26% in June.
LiquidX's Singapore entity obtains MAS insurance brokerage licence
LISS will help banks, asset managers, and corporates access trade credit insurance coverage.
CSA launches cybersecurity awareness campaign
The agency will work with Shopee, Carousell, and NTUC FairPrice to publicise the campaign.
Chart of the Day: Singapore's elderly population to increase to 40.1% in 2050
The proportion of people aged 65 or older in the ASEAN region is above 7%.
Daily briefing: SG’s GDP likely to exceed 4-6% forecast; SG tightens measure for travellers from Australia
And power and gas tariff to increase between July and September.
Market Update: STI up 1.33%
Keppel DC REIT saw the sharpest decline during Wednesday's trading, with a 0.80% drop.
Singapore’s OneHypernet teams up with R3 to build netting solution
Instead of searching through a chain of banking agents, the most efficient settlement routes are automatically generated.
4 out of 5 Singaporeans prefer shopping for int’l products online
This is driven by better prices and access to items not found in Singapore.
Yanlord teams up with Ho Bee to develop residential site in Tianjin
Yanlord acquired the property for approximately CN¥1.5b through a public land auction.
Three out of five Singaporean financial professionals call for open banking
97% of respondents also said open banking is important to their businesses.
SPDR Gold Shares ETF can now be traded in SGD
USD will remain its primary currency.
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