Singapore

Daily Markets Briefing: STI down 0.42%

OCBC Bank saw the sharpest decline amongst top active stocks with a 1.11% drop.

Mastercard names Sokin as Singapore principal member

Sokin is floating a subscription-based payment service in Q1 2021.

Companies ‘cautious' on 2021 salary increments: survey

Projected overall salary increase for 2021 is at 3.5%.

Private home sales' 30.8% drop in October 'unsurprising': analyst

Developers have sold only 642 private residential units in October.

28% of ransomware-hit Singapore firms paid a ransom: study

46% of firms surveyed suffered from attacks the past year.

Singapore's life insurance segment to hit $43.5b in 2024

The industry crashed 13% in weighted new business premiums in H1 2020.

More purposeful businesses arise from challenging times

More than 70 organisations were conferred as Champions of Good 2020.

ST Engineering starts restructuring amidst FY2020 revenue loss

Revenue is expected to be between 5% to 15% lower than last year.

Singapore pilots insurance coverage for foreign inbound travellers

The products grant at least $30,000 in coverage for medical treatment.

SingSaver names Henry Sewell as Singapore country manager

He will oversee the growth of SingSaver's financial wellness services.

Singapore, Philippine central banks partner for data connectivity

They hope to boost cross-border data transfer and risk management.

MAS to pilot green loan scheme for corporates

It will push banks to develop accessible green lending frameworks for SMEs.

DBS floats remote work option for employees

It will be launching a job-sharing scheme for two workers to fill a full-time role.