Singapore

Singapore life insurers to lower caps on policy illustrations

The upper illustration rate will be capped at 4.25% p.a. and the lower rate at 3% p.a.

Singapore life insurers to lower caps on policy illustrations

The upper illustration rate will be capped at 4.25% p.a. and the lower rate at 3% p.a.

Market Update: STI up 0.13%

Singapore Airport Terminal Services (SATS) saw the sharpest decline during Thursday's trading, with a 1.25% drop.

Daily Briefing: Largest meat processor back online following cyberattack; Huawaei launches OS; Trade tensions between Australia and China

Brazil-based meat processor JBS SA was hacked by Russian-speaking gang REvil, the Federal Bureau of Investigation said.

HDB resale volumes dip below 2,000 in May

This is the first time HDB resale volumes fell under the 2,000 mark since May last year.

Think of the savings! Lower prices drive 56% of Singaporeans to shop online

Singaporean shoppers are among the most sensitive to consumer prices, according to a study by PayPal.

SPH subsidiary issues £83m notes on The International Stock Exchange

Privilege Midco Limited, a UK-based wholly-owned subsidiary of SPH, issued all of its notes to its sole shareholder.

Singapore factory activity expands for 11 straight months

The Singapore Purchasing Managers’ Index (PMI) was at 50.7 points in May.

Three in five Singaporeans willing to undergo reskilling for new job roles

Older Singaporeans are the most willing to undergo retraining.

Singaporeans are big fans of western trends: study

Western influence hugely impacts the public’s purchasing behaviour.

Proptech firm LOL Interactive launches online mortgage platform

The firm plans to use the Singapore launch as a stepping stone to Southeast Asian markets.

Worldwide Hotels Group secures $405m green loan

The loan will help finance a new hotel and commercial development.

HR Briefing: Drawing the line between work and home

The work from home setup may be taking its toll on workers’ mental health.

MNACT issues maiden $250m perps at 3.50% interest rate

Mapletree North Asia Commercial Trust has priced $250m of perpetual securities at 3.50%.

Singtel appoints former manpower minister as non-executive director

Former Minister of Manpower Lim Swee Say was given a non-executive role in the telco company.

Keppel Land secures maiden $150m sustainability-linked loan from DBS

Interest rates for the loan were reduced based on Keppel Land’s ongoing environmental, social and governance targets.

Raffles Medical partners with China Life amidst China expansion

The companies are expected to collaborate in medical services and healthcare management.