Singapore
DBS and Trafigura to launch open-source blockchain trade platform
It will cut trade document transit time from 45 to 20 days.
DBS and Trafigura to launch open-source blockchain trade platform
It will cut trade document transit time from 45 to 20 days.
Frasers Logistics & Industrial Trust's NPI up 23.2% to $186.7m for FY2019
This was boosted by contributions from new acquisitions in Europe and Australia.
MAS, Bank Indonesia extend US$10b bilateral financial agreement
The deal allows the two banks to access foreign liquidity from each other.
SIA profits soared 67.9% to $94m in Q2
A rise in profits from associates and joint ventures fuelled its growth.
Five REITs raised $940m in new units in October
$560m were raised in placements and $380m in rights issues.
SIA Engineering profits up 11.6% to $87.6 in H1
Higher airframe and line maintenance revenue drove growth.
Chart of the Day: Private condo prices up 3.1% in January-September
This is already higher than the projected increase by end-2019.
Daily Markets Briefing: STI up 0.38%
YZJ Shipbuilding led the gains amongst top active stocks with a 7.29% leap.
Daily Briefing: Fintech Nium snubs digital banking licence; Travel wallet YouTrip expands to Thailand
And a former StanChart engineer returns to firm as data analytics head in Singapore.
BCG Digital Ventures to open Singapore office by 2020
Development of the innovation centre is backed by the EDB.
Net formation of businesses down in January-September 2019
There were fewer firms formed in the logistics, business services and construction sectors.
Neonatal care firm Child Health Imprints secures $3.26m funding
They plan to expand their manufacturing base in South Korea.
PMI edges up 0.1 point to 49.6 in October
The reading was attributed to a boost in factory outputs.
Telcos' net institutional inflows surged to $55.9m over 5G roll-out
The sector reversed September’s outflow of $41.4m.
Changi Airport Runway 2 to close temporarily
The airport will operate with Runways 1 and 3 starting October 2020.
Spaze Ventures launches ESG-backed edtech accelerator
It will provide early-stage edtech startups with up to $500,000.
SGQR to be rolled out across 1,000 vending machines by 2020
FOMO Pay tied up with fintech D’Cube concepts for the initiative.
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