Singapore
DBS joins trade finance network Contour
It can now provide digital letter of credits to clients.
DBS joins trade finance network Contour
It can now provide digital letter of credits to clients.
Elite Commercial REIT's profit hit $684,550 in Q1
Distribution per unit is $0.01 for the quarter.
SIAEC's profits rose 20.4% to $193.8m in FY2019-2020
It saw $3.3m higher contributions from its engine and component segment.
Hummingbird Bioscience bags $35.3m in series B funding round
SK Holdings led the series B extension as a new investor.
Keppel Corp to hold digital AGM on 2 June
Shareholders can pre-register until 30 May.
How the Coronavirus Crisis is Changing Our Approach to Work and Leadership in Singapore
Even before the coronavirus crisis struck, the way businesses are run had begun to change. A growing focus on sustainability, diversity and inclusion was already bringing about a new era of conscious leadership. Now, with flexible, remote-working arrangements becoming a necessity whilst social distancing measures are in place, the structure of work is being changed forever. Senior executives’ leadership style must evolve along with it.
Singapore to elevate hub status with new digital banking regulation
A more flexible Payment Services Act makes it easier for fintechs to apply full operations in Singapore.
Daily Markets Briefing: STI up 0.01%
AEM led the gains amongst top active stocks with a 19.38% expansion.
61% of Singaporean SMEs held low credit standings pre-COVID-19
The hospitality, retail and construction sectors were in bad positions before the circuit breaker.
Chart of the Day: 2020 posts highest first-quarter resale volume in eight years
Over 5,500 units were resold, higher than the average of 4,195.
Daily Briefing: HSBC alleges Zenrock sought multiple loans for same oil cargo; Electric motorcycles set to rev up
And HPS, GIC take over outsourcing player Atento.
Raffles clinches $1.13b township development project deal in Bangladesh
The project involves the development of 50 acres of land in Trust Green City.
MAS bans four individuals for fraud
They will also serve separate prison sentences.
Expats ask for lower rents as crisis hits wages
Singapore’s property market is usually dominated by foreigners.
Big three banks fell in Q1 as pandemic persists
Compressed net interest margin and rise in non-performing loans are to be expected, according to analysts.
SIA predicts yearly loss for Q1 FY2021
The group is currently anticipating negative operating cashflows.
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