News
Longer grace periods for companies under new tax frameworks: IRAS
Longer grace periods for companies under new tax frameworks: IRAS
The frameworks were co-developed with the Big 4 accounting firms.
B2B bad debt level increases to 9%
Agri-food had the highest average of write-offs across industries in Singapore.
Chart of the day: Singapore H1 2022 IPO volume highest since 2017
However, funds raised were lower than in the first half of 2019 and 2020.
Market update: STI down 0.03%
HongKongLand posted highest growth with 1.38%.
HSBC renews bancassurance partnership with Allianz
It will cover six markets, with HSBC and Allianz offering life and non-life products.
Olam Agri secures $1.03b loan from UAE banks
The loan will be used to pay for some of the firm’s existing debts.
Investors prioritise other factors over a company's ESG scores
There are gaps in verifying environmental, social, and governance data.
Furniture brand Castlery opens new flagship store in SG
The new store will be launched in the third quarter of the year.
Woman faces charges for unlicensed fund management business
If convicted, she will be fined up to $150,000 or detained for up to three years.
DBS raises fixed home loan rate, scraps 5-year fixed package: report
The new rate is 0.03 percentage points higher than the previous 2-year fixed rate.
Sembmarine delivers world’s first 8th-gen drillship to Transocean subsidiary
More than 200 crewmen can fit in the drillship.
Taxi segment to drive ComfortDelGro’s 2022 profit higher: analyst
UOB Kay Hian expects CD’s taxi business to post a 149% YoY increase in operating profit.
DBS Bank inks agreement to sell 33 Changi North Crescent
Applied Materials South East Asia bought the industrial site.
High Court places Nutryfarm under judicial management
An official from Nexia TS Risk Advisory will serve as judicial manager.
NTUC Income to cover 54,000 students in expanded insurance cover scheme
The free insurance cover is available to eligible students from low-income families.
Residential site at Bukit Batok West Avenue 5 opens for sale: HDB
The site has about 495 residential units.
Asia Pacific travellers pick SG as their top travel destination
Travellers cite low COVID restrictions as a key factor for choosing Singapore.
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Commentary
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