News
Daily briefing: Choa Chu Kang Waterworks under $28.8m reconstruction; DBS starts trading in the London Metal Exchange
Daily briefing: Choa Chu Kang Waterworks under $28.8m reconstruction; DBS starts trading in the London Metal Exchange
And MoH sets condition for more than 20-minute hospital visits.
Market Update: STI down 0.84%
HongkongLand saw the sharpest decline during Monday's trading, with a 2.98% drop.
HSBC unveils new online trading platform for private bank clients in Asia
Clients can buy and sell securities in 10 markets worth up to US$10m daily.
Three new VCs to boost MPA’s maritime tech startup accelerator programme
The new partner VCs are bringing in $30m of potential funding in the programme.
OCBC appoints Lim Khiang Tong as new Group Chief Operating Officer
He will lead the bank’s use of technology, data, and design to develop financial solutions.
Singapore Sports Hub reopens doors under Phase 3
Group activities for five persons will now be allowed.
Singapore’s nightlife to remain dead as dining in resumes
Pubs, bars and nightclubs may only resume F&B operations.
CapitaLand acquires two new international properties for $210m
The properties are located in France and Vietnam.
Changi Airport suffers $945m loss in 2020
This reflects a 318% decrease from its $438m profit in 2021/20.
Chart of the Day: Singapore has major chunk of total insurance premiums in SEA for 2020
The Lion City also has the highest insurance penetration amongst the six markets at 5.9%.
Daily briefing: SG slows down reopening; Job support extended until July
And Singapore households shrink in size.
Market Update: STI up 0.19%
City Developments Ltd saw the sharpest decline during Friday's trading, with a 1.61% drop.
IP coverage extended to COVID vaccines under WHO's special access route
It will apply to vaccines administered in Singapore under SAR.
VC Fund Accelerating Asia's 36 Startups raises collective US$27M till date
Its startups may now receive up to US$250,000 investment.
DBS invests in APAC private debt fund
The bank will anchor up to US$200m or 40% of the fund size, whichever is lower.
Prime US REIT to undergo lease restructuring with WeWork
A wholly-owned subsidiary of WeWork is occupying 56,977 sq ft of Prime’s California property.
Employment rate grows “more than expected” breaking 4-month decline
The jobless rate during the quarter also eased, but remained elevated.
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