Singapore
Keppel Corp subsidiary secures 65% stake in JV firm that holds Hanoi retail property
The stake has an aggregate consideration of over $70m (VND1.23b).
Keppel Corp subsidiary secures 65% stake in JV firm that holds Hanoi retail property
The stake has an aggregate consideration of over $70m (VND1.23b).
Strata office transaction volumes up 6.3% YoY in H2
Average costs of strata offices generated CAGR of 2.7% between end 2017 - 2022.
Singapore IPO market: Why proceeds fell by 95% in 1H23
IPOs in 1H23 raised $28m.
Finmo obtains in-principle approval for MPI license from MAS
This lets Finmo’s customers receive funds in Singaporean dollars.
1 in 3 Singaporeans switched banks, insurers in 2022: study
Only 21% of respondents, however, fully trust AI chatbots in financial services.
‘Human error’ reason for DBS digital banking glitch in May
The incident caused disturbances in mobile, electronic and ATM transactions.
Sembcorp Industries, Gentari ink MOU for clean energy development
The MOU will cover developments in renewable energy and low-carbon hydrogen.
Microsoft, Singlife push for AI adoption amongst insurers
Singlife is the first in its industry to collaborate with Microsoft for the programme in ASEAN.
Mandatory climate reporting for listed and large non-listed firms recommended
The sustainability reporting advisory committee (SRAC) consulted 90 participants.
Over $8b allocated for climate transition: MAS
The figure represents about 2% of the central bank’s portfolio.
Singapore expands tax incentives for single-family offices
The central bank will make adjustments in five areas of the tax incentives landscape for SFOs.
Tourism demand to improve retail sales momentum in 2H23: experts
In May, retail sales growth decelerated to 1.8% YoY.
Singapore Polytechnic taps KPMG to develop net-zero sustainability roadmap by 2024
The roadmap encompasses four phases.
Frasers Centrepoint Trust bags $419m green loan, carbon credits from OCBC
The loan will be used to accelerate Tampines 1’s journey to carbon neutrality amongst others.
STB remains confident in the tourism potential of Jurong Lake District site: Low
The site failed to receive submissions during its launch in 2022.
Gov’t reviews introduction of SingPost’s postage rate adjustments
This will help SingPost to operate on a viable business model.
HDB resale prices grew 0.6% MoM in June
Mature estate prices went up 0.7% MoM in June 2023.
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