Singapore

MAS penalises Standard Chartered for money laundering requirement breaches

The breaches occurred when trust accounts were transferred from Guernsey to Singapore.

MAS penalises Standard Chartered for money laundering requirement breaches

The breaches occurred when trust accounts were transferred from Guernsey to Singapore.

OCBC unveils $240m purpose-built data centre

The bank is avoiding interdependence on data centre tenancy.

Singapore's big business events put heat on hospitality sector

Hotel players are seeing a higher number of requests for proposals and rates getting firmer.

FairPrice and Grab unveil rewards subscription programme

Members can get a 5% rebate on grocery purchases and 20% discount on Grab rides.

StarHub to sell electricity plans to consumers in April

It will offer consumers two clean energy subscription plans as the power market readies for liberalisation.

GuocoLand joint venture buys Pacific Mansion for $980m

The prime freehold site will be near GuocoLand’s other project Martin Modern.

Keppel completes ownership of Saigon Sports City for $15.1m

It is targeting to launch 620 units in the development by H2 2018.

Daily Markets Briefing: STI down 0.16%

Expect a cautious market as investors await the Fed rate decision.

Chart of the Day: Value of Singapore inbound M&A hits 6-year low

It reached US$516.8m, the slowest start to a year since 2012.

Tougher competition killed small businesses' growth in 2017

More studies suggested that higher costs and mismatched staff are also recurring problems.

Singapore Press Holding's page count falls by 12.7%

Analysts blame its display segment, which accounted for two-thirds of the total decline.

Katong Park Towers sold 20% above asking price at $345m

Bukit Sembawang plans a residential development nestled along Meyer & Mountbatten Road.

Singapore needs to push its startups beyond seed funding

Despite seed and series A capital abundance, there’s not much series B and C funding enabling startups to scale up.

Singapore M&A deal value crashed 24.8% to US$8b YTD

The number of M&A deals largely fell by 28%.

Singapore-based issuers' bond offerings hit 3-year low

Bond offerings crashed by 21.5% to US$6.7b as local firms also tapped into offshore bond markets.

Fintech firm ayondo targets Catalist IPO at $21m

ayondo will be the first fintech firm to be listed on the SGX-ST Catalist board if this pushes through.