Singapore
IMDA introduces new digital solutions for retail and security sectors
Around 100 SMEs will benefit from the pilot run of the solutions.
IMDA introduces new digital solutions for retail and security sectors
Around 100 SMEs will benefit from the pilot run of the solutions.
Non-oil domestic exports fall 8.7% YoY in June
The decline in non-electronic NODX contributed largely to the drop.
Singapore GDP up 2.7% in Q1 2024
It was driven by the strong performance in the services and construction sectors.
Intouch and Gulf Energy announce merger to form new public entity ‘NewCo’
Shares of ‘NewCo’ will be listed and traded on the Stock Exchange of Thailand.
Vertex Venture issues new redeemable preference shares
The funds raised will be used for investments in Vertex’s captive and network funds.
Income Insurance continues talks with Allianz
It announced its interest in a transaction last 14 June.
Fintech startup PEXX bags $4.5m in new funding round
It will use the funding for expansion and platform development.
Singaporeans abandon bank applications with long processes: report
One in three will abandon a bank application after 10 minutes.
Prime retail rents up 3.8% in Q1
City fringe retail fueled rental growth.
Singapore stock market kicks off H2 with $400m in net institutional inflows
DBS led the inflows among the STI constituents.
Elite UK REIT inks £135m refinancing deal
Proceeds will go to refinance existing loan facilities.
Two-thirds of Singaporean businesses paid ransoms from cyber attacks: report
Businesses have paid upwards of US$500,000 in ransom.
New home sales rise 2.2% in June despite lack of new project launches
Year-on-year, sales fell 18%.
Singapore needs SEA neighbours to power renewable energy transition
Experts favour Malaysia and Indonesia as renewable energy import sources.
Daily Markets Briefing: STI down 0.26%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 5.65% increase.
Thomson Medical issues new series of notes worth $45m
The notes are under the $1,000,000,000 Multicurrency Debt Issuance Programme.
Scorpio Electric granted license for road tests of electric maxi-scooter
The license will be valid for 12 months.
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