Singapore
MAS, Bank Indonesia extends bilateral financial arrangement
Both leaders of Singapore and Indonesia endorsed the arrangement.
MAS, Bank Indonesia extends bilateral financial arrangement
Both leaders of Singapore and Indonesia endorsed the arrangement.
F&B sales jump 29.7% YoY in September
The increase was due to the low base in the same month last year.
Retail sales growth moderates to 11.2% YoY in September
In August, retail sales grew 13.3% YoY.
Rising cost of living is pushing more than half of Singaporeans to look for a 2nd job
Some are also seeking opportunities to work overtime or extra shifts.
Chart of the Day: Singapore secures highest FinTech funding in ASEAN
Total FinTech funding in Singapore YTD reached $1.8b.
Bukit Timah Link, Hillview Rise sites attracted developers amidst high interest rates
An analyst said these sites have lower risks and costs involved.
Daily Markets Briefing: STI up 0.89%; CapitaLandInvest is top stock
CapitaLandInvest was top gainer with 5.59%.
OCBC net profit up 31% YoY to S$1.6b in Q3 2022
The company’s net interest income grew by 44% YoY.
SGX seeks opinion on proposed CDP margining framework and clearing fund changes
Amongst the changes proposed include the introduction of margin offsets.
Maybank names new Maybank IBG CEO
Michael Oh-Lau Chong Jin’s appointment will be effective on 1 December 2022.
OUE C-REIT posts 4.4% YoY higher income of $48.3m in Q3
The increase was mainly due to lower property expenses.
CLI sees improvement across its 3 growth drivers in Q3
The company was able to unlock capital with gross divestments of S$2.4b.
MAS launches Ubin+ to study cross-border FX settlement using CBDCs
It will study business models and create policy guidelines.
Sembmarine unit bags maintenance contract for Hornsea 2 Offshore Wind Farm
The unit will undertake the servicing the wind farm’s low voltage and ancillary systems.
ARA US Hospitality Trust's net income falls to US$11.9m in Q3
Year-to-date, however, the trust's income increased.
4 factors intensifying the talent gap in the FinTech sector
A report revealed that demand for talent in the FinTech sector is still outpacing supply.
Larger HDB flats take a hit from September cooling measures
Prices for executive flats dipped 1% MoM, the first time since July 2021.
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