Singapore

Sembcorp signs MOU to develop renewable energy solutions for data centres in China

It is not expected to have a material impact on Sembcorp’s EPS.

Sembcorp signs MOU to develop renewable energy solutions for data centres in China

It is not expected to have a material impact on Sembcorp’s EPS.

Ascendas REIT prices $300m green issuance at 3% per annum

The orderbook was in excess of $725m across 57 accounts.

iText Appoints Gary Fry as new CEO

The experienced executive to steer iText Group through the next stage of growth.

Chart of the Day: Singapore's top 10 fintech deals raised $259m in H1

This makes up 73.8% of all investments in the country during the period.

Daily Markets Briefing: STI down 0.29%

AEM saw the sharpest decline amongst top active stocks with a 11.32% contraction.

Majority of banks believe that AI will stop money laundering: survey

86% still believe in older rules-based technology for AML compliance.

SIA cuts 4,300 jobs

The group has begun discussion with its Singapore-based unions.

Temasek invests in $137m water impact fund

It will invest in early to expansion stage companies in the water space.

MAS floats guidelines to bolster FIs' ethics, accountability

Senior managers responsible for core functions should be identified.

Mastercard, Singapore Tourism Board to boost country's tourism offerings

They will co-creat digital initiatives for seamless travel and e-commerce.

CapitaLand's Rochester Commons to be completed in Q4 2021

It will feature a hotel, an office tower, heritage bungalows, and a centre for learning technologies.

SIAS levels queries to Accordia Golf Trust over planned stake sale

It questioned whether they will consider disposing underperforming assets vs its entire portfolio.

Singapore fintech to record worst year as investments plunge 78%

Just over 19.9% of investments in H1 came in deals over $50m.

Utico extends deadline for rescue offer to Hyflux

The company said that it will remain open regardless of whether a judicial manager is appointed.

Daily Markets Briefing: STI down 0.22%

Sembcorp Industries saw the sharpest decline amongst top active stocks with a 38.74% contraction.

MAS outlines plans for smooth transition to SORA in 2021

By October, they plan to release specific deadlines to cease SOR use in new financial products.