Singapore

SGX restructures business and client organisation to scale asset classes

Effective 1 July, four business and client units will report to CEO Loh Boon Chye.

SGX restructures business and client organisation to scale asset classes

Effective 1 July, four business and client units will report to CEO Loh Boon Chye.

Hyflux unit restructures $121.46m loan for China plant

The loan facility from the Bank of China has been extended a further three years to 2026.

Japan integrated resort wins could seal quicker turnaround for Genting Singapore

Projects in Osaka and Yokohama could yield an aggregate EBITDA of $2.52b by FY 2026.

MBC 2 buy could boost Mapletree Commercial Trust's FY2020 DPU by 2.8%

Google took up two office blocks totalling 150,000 sqft to house its engineering team.

Expat living is cheaper in Singapore than Hong Kong: study

A cup of coffee in Singapore costs about $6.77, compared to a $9.48 cup of coffee in Hong Kong. Although Singapore moved one notch in the world's costliest cities for expats, the city still trails behind Hong Kong which holds the distinction as the world's priciest, according to Mercer's annual cost of living survey. Singapore also trails behind Tokyo which occupies second place. The high cost of living in Singapore was fueled by sustained demand for quality housing and rising affluence.

Chart of the Day: Financial services sector occupy 42% of CBD office space

Raffles Place/New Downtown is a preferred location for banks and other financial institutions.

Daily Markets Briefing: STI down 0.09%

Singtel led the gains after its stock grew 0.58%.

UOB temporarily loses $2b of market value

Despite suspicions of trading error, the SGX upheld the trade.

Which Singapore bank enjoys the highest corporate customer satisfaction?

A homegrown bank pulled ahead of global rivals like Standard Chartered.

UOB teams up with fashion e-commerce platform Zilingo

Zilingo merchants and manufacturers can directly access UOB's banking solutions.

Manufacturing output down 2.4% in May

The chemicals, precision engineering and electronics industries led the decline.

Regulating Facebook protects Facebook

There are increasing calls all around the world for the government to regulate social media companies such as Facebook and Twitter and tech giants like Amazon. A web of reasons explains these sentiments, which were kindled by the Cambridge Analytica scandal which damaged Facebook’s reputation internationally. Coupled with recent scares on fake news and misinformation, the case for government regulation seems compelling. In fact, the Singapore government, in early May, has already passed legislation that would compel sites like Facebook to issue corrections or make changes to posts that are deemed to be against "public interest".

The future of Singapore's globalisation story is… human

It was now over ten years ago when the cargo ships stopped moving. The Global Financial Crisis reached Asia causing the Singapore Strait, one of the biggest arteries of global trade, to come to a standstill. In fact, Singapore was the first Southeast Asian country to fall into a recession as a result of the calamity. At the time, it seemed the only businesses doing well were the bars and restaurants filled with brokers and traders who had nothing to sell.

Boardroom applies for SGX-ST delisting

It failed to meet a free float requirement that at least 10% of its shares are at all times held by the public.