Singapore
MAS reprimands Three Arrows Capital over two violations
It provided false information to the MAS and exceeded the AUM threshold.
MAS reprimands Three Arrows Capital over two violations
It provided false information to the MAS and exceeded the AUM threshold.
NNI taps VR tech to train neurosurgeons
It aims to create over 100 virtual neurosurgeon training modules.
Electricity tariff raised by 2.21 cents per kWh
The increase was implemented on the back of higher energy costs.
Singapore and Malaysia to deepen cooperation in digital and green economy
The trade ministers of both countries will begin discussions on a framework of cooperation.
Over 6.36 hectares of industrial land supply launched for H2
There are four sites on the confirmed list and three on the reserve list.
Withering wealth? 15% of the mass affluent plan to increase their borrowing
Two in five affluent Singaporeans also said they intend to reduce spending this year.
Sembcorp Marine’s order book to hit $1.95bn with delivery of two drill ships
The drill ships were built for Transocean.
SG is the most sustainable place for real estate in APAC
Knight Frank said the Lion City is extremely open to adapting ESG measures.
Market update: STI down 0.75%
ST Engineering and ComfortDelGro are the top stocks.
Chart of the day: Singapore’s rich are getting poorer
More than 2 in 5 Singaporean rich have had their income decreased in 2021.
More funds from IPOs seen in H2 as firms face economic woes: Deloitte
Nine IPOs posted $572m in proceeds, raising the total IPO market to $790m.
Six in 10 Singaporeans to shop outside Amazon during Amazon Prime Day
Criterio described this as the “strong halo effect” of the event to other retailers.
Look locally: HR experts advise firms amidst stricter working permit system
Foreign workers will be subject to increased scrutiny under the upgraded EP application system.
Yanlord Group collects $1.02b from pre-sales in Shanghai apartment launch
More than 1,700 eligible customers registered to buy an apartment unit.
AIA Singapore goes on hiring spree for financial associate consultants
The firm opened 500 positions along with the launch of its Financial Associate Scheme.
Futu Singapore is now SGX’s securities derivatives trading, clearing member
It is a digital broker that provides trading and wealth management services.
DBS vs OCBC: Which bank will be the bigger winner from an upcycle in interest rates?
An analyst said one of the banks will have an earnings growth of 15.9% in 2023.
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