Singapore

Market update: STI up 0.44%

Sembcorp Industries was seen with the most growth.

F&B sales jump 7.4% YoY in December 2021

The total sales value was at an estimated $855m.

Retail sales up 6.7% to $4.4b in December 2021

Excluding motor vehicles, an 8.6% YoY jump to $3.9b was observed.

Keppel Electric's ecoGreen encourages residents to switch to green electricity

The group also partnered with several banks to offer solar panel financing plans.

MAS clarifies coverage for loss arising from scams

OCBC fully-covering losses should not set a general precedent for future cases, the regulator said.

Full-year Manufacturing PMI to grow by 4% in 2022: UOB

The growth, however, will be underpinned by buoyant global trade activity.

Singapore approves Pfizer's oral med Paxlovid for COVID treatment

Paxlovid is the first oral tablet in the country approved for the treatment of COVID-19.

Singapore releases methodologies on responsible use of AI by financial institutions

The Veritas Consortium also released an open-source toolkit to help with adoption.

DBS acquires Citi Consumer Taiwan

The sale had a total cost of $2.2b.

When is it the right time to raise GST?

KPMG Singapore expects the tax hike to be implemented in one go. 

SG Budget 2022 to focus on strengthening post-pandemic economy

Minister Lawrence Wong also acknowledged the difficulties faced by sectors. 

PMI in expansionary territory anew in January at 58.0

SG's PMI grew at the quickest pace compared to six other ASEAN nations.

Market update: STI up 2.01%

HongKong Land was seen with the most growth.

Is the worst over for the semicap industry?

Maybank says chip shortage is becoming less severe.