Singapore

MAS, New York Fed unveil results of study on DLT use for cross-border wholesale payments

Distributed ledger could be used to enhance cross-border multi-currency payments, the study found.

MAS, New York Fed unveil results of study on DLT use for cross-border wholesale payments

Distributed ledger could be used to enhance cross-border multi-currency payments, the study found.

NODX decline likely to continue for a few more months

Experts predict that NODX will contract by -5.5% to -9% in 2023.

More than half of SG households have changed their grocery-buying habits

Forty-two per cent said they now have a lower budget for groceries.

8 in 10 job seekers want employers with seamless digital recruitment process

Some will even put off working for a company that doesn’t provide such experience.

Daily Markets Briefing: STI up by 0.27%; Yangzijiang Shipbuilding is top stock

Yangzijiang Shipbuilding was the most active stock with a 3.20% growth.

ST Engineering, SF Airlines launch $19m aerospace JV in China

The joint venture will provide an MRO facility in Hubei's Ezhou Huahu Airport.

Only 30% of Singaporeans trust financial institutions, amongst the lowest in the region

In Hong Kong, Australia, and Singapore, less than half of the customers express trust in their banks.

Developers face new requirements as Singapore safeguards property market from AML/TF activities

SG rolls out new anti-money laundering and terrorism financing requirements for developers that take effect on 28 June.

3 ways SG can benefit from rising interest from Central and Eastern Europe consumers

Singapore is the third most trusted market of consumers in central and eastern Europe.

Almost half of Singaporeans consumers are becoming more 'bargain conscious

Some retailers, however, view offering year-round discounts as a threat to business growth.

Physical stores vs e-commerce: Which do Singaporeans prefer?

Over half of Singaporeans want to shop in-store and finish online, or vice versa.

Daily Markets Briefing: STI declines by 1.25%; Yangzijiang Shipbuilding is top stock

Yangzijiang Shipbuilding was the most active stock with a 2.46% increase.

IMAS, SGFC join hands to provide sustainable finance training

The training programme offers two initial courses outlined by IBF and MAS.

Commercial site in Hoe Chiang, Lim Teck Kim roads up for sale for $216m

Buyers could use the 18,540-square-foot site for commercial or hotel development.

Singapore e-commerce generated $2b of Singapore's GDP in 2022: report

The country ranked amongst the top 20 most entrepreneurial countries.

CapitaLand Ascendas RET closes private placement at $2.727 per unit

The issue price represented 5.1% of the $2.8727 VWAP per unit.