Singapore
Investment holding vehicle raises cash consideration per offer share in SMG
Investment holding vehicle raises cash consideration per offer share in SMG
The revised final cash consideration is at $0.40 per offer share.
NetLink NBN Trust's profit grows 36.1% YoY in H1 FY23
Its EBITDA was up 15% to $145.6m.
Sembcorp Marine’s proposed KOM acquisition gets green light from CCCS
The acquisition will not lead to a substantial lessening of competition.
DBS Group’s net profit jumps 32% YoY to $2.24b in Q3
Its total income grew 28% to $4.54b.
CIMB Singapore increases fixed deposit rate up to 3.90%
This is the highest as of 31 October.
ComfortDelGro consortium clinches tender for the installation of EV charging points in HDB car parks
LTA awarded the consortium two of its 10 packages.
Tokenised assets, stable coins central to Singapore’s crypto hub ambitions
Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.
ERA Realty enters new era with revamped brand look, tagline
The brand refresh comes as the agency celebrates its 40th anniversary.
MAS kicks off pilot test of DeFi application in wholesale funding markets
The industry pilot was conducted by DBS Bank, JP Morgan and SBI Digital Asset Holdings.
Great Eastern’s profit attributable to shareholders dips 12% to $780.9m in 9M22
The decline was due to lower valiant of investment in the shareholder’s fund.
PMI contracts to 49.7 in October
It dipped 0.2 points from September.
Ransomware threats are ruining lives of cybersecurity leaders: report
Six in 10 decision-makers say ransomware threats have pushed them to a breaking point.
93% of organisations are actively seeking ways to reduce healthcare spending
A quarter of them, however, are unaware of what to do.
CHART OF THE DAY: More than 2 in 10 services firms upbeat about business outlook
Only 14% of services firms are expecting worsening business conditions.
Daily Markets Briefing: STI up 0.34%; HongkongLand is top stock
HongKongLand led the index with 4.27%.
Singapore launches digital banker’s guarantee, insurance bond
The eGuarantee@Gov is available from over 20 financial institutions locally.
‘Constructive paranoia’ pushed S’pore to the limits: DPM Wong
Wong enumerates five backdrops of the SFF 2022.
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