News
Daily Markets Briefing: STI down 0.76%; Singtel emerged on top
Singtel is the most active stock.
How the new BTO classification framework can keep public housing affordable in SG
Under the framework, BTO flats will be classified into Standard, Plus, and Prime.
S-REITs posts negative return in August
Total returns of S-REITs were at -2.5%.
MAS enforced over S$20m in penalties in past 18 months
Authorities issued 18 prohibition orders and logged a total of 39 criminal convictions.
OCBC taps Alipay+ to enable customers to pay in China, Korea, Malaysia with digital app
Payments will be made directly from customers’ OCBC SG bank accounts.
Food factory site at Senoko Crescent on sale for $14m
The property has two floors of cold-room and production facilities.
SSIA reaffirms commitment for global industry collaboration
This will boost the country’s semiconductor supply chains.
Major retail banks in SG boost anti-malware security measures
In 1H23, scam victims have reported a loss of $334.5m.
PropNex Realty launches for sale Island View for $575m
The freehold development is a 10-minute drive away from the central business district.
SG-based cleantech startup clinches funding from PETRONAS Ventures’ investment arm
The investment will help scale the manufacturing of Green Li-ion’s recycling units.
Bank of Singapore names new global head of legal and regulatory compliance
His role is effective starting 2 October, replacing Eric Teh.
SoftBank’s subsidiary debuts successfully, expects $5.12b in proceeds
It also includes the full exercise of the underwriters' option to purchase an additional seven million shares.
Pair of freehold shophouses in Lavender Street on sale for $12.5m
Savills will conduct its sale via an expression of interest exercise.
Are Singaporean investors coming to terms with rising property taxes?
Those planning to delay property purchase due to tax adjustments have declined to 24% in 2H23.
5 in 10 Singaporeans struggle to buy their first home
Singles are having the most difficulty.
SingPost to impose higher postage rates in October
The rate for standard regular mail will increase by 20 cents to 51 cents.
7% fare hike to hit bus and train commuters in SG
In tandem, PTC required SBS Transit and SMRT to make larger contributions to the Public Transport Fund.
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