News
Fintech startup PEXX bags $4.5m in new funding round
Fintech startup PEXX bags $4.5m in new funding round
It will use the funding for expansion and platform development.
Singaporeans abandon bank applications with long processes: report
One in three will abandon a bank application after 10 minutes.
Prime retail rents up 3.8% in Q1
City fringe retail fueled rental growth.
Singapore stock market kicks off H2 with $400m in net institutional inflows
DBS led the inflows among the STI constituents.
Elite UK REIT inks £135m refinancing deal
Proceeds will go to refinance existing loan facilities.
Two-thirds of Singaporean businesses paid ransoms from cyber attacks: report
Businesses have paid upwards of US$500,000 in ransom.
New home sales rise 2.2% in June despite lack of new project launches
Year-on-year, sales fell 18%.
Daily Markets Briefing: STI down 0.26%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 5.65% increase.
Government OKs recommendations to enhance platform workers’ protection
Over 88,000 platform workers in Singapore are set to get a bigger voice.
Thomson Medical issues new series of notes worth $45m
The notes are under the $1,000,000,000 Multicurrency Debt Issuance Programme.
Scorpio Electric granted license for road tests of electric maxi-scooter
The license will be valid for 12 months.
Singapore unveils Woodlands Health Campus for tertiary care
One of its features includes a long-term care tower with almost 400 beds.
SIA Group’s passenger traffic rises 7.2% in June
The revenue passenger-kilometre for the month was 12.5m.
MAS seen loosening policy in October as disinflation stalls: UOB
Core inflation will start easing drastically in Q1 2025.
Q & M Dental Group wins arbitration case against AR Dental shareholders
It includes RM 5.4m in payable dividends.
Singapore REIT rally seen as rate cut speculation intensifies: DBS
Clients prefer REITs with heavy exposure on Singapore real estate.
Pan-United announces leadership changes, Ken Loh to be new CEO
Loh will replace May Ng.
Commentary
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F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
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