News

MAS, Bank Indonesia beef up bilateral cooperation

The institutions will collaborate on payments innovation projects amongst others.

MAS, Bank Indonesia beef up bilateral cooperation

The institutions will collaborate on payments innovation projects amongst others.

Market update: STI down 0.05%

Keppel Corp had the most growth.

Keppel Data Centre Fund II attains $1.48b in funding

It got Asian Infrastructure Investment Bank as its investor.

Retail sector sees decent recovery in Q4 2021: Knight Frank

This optimistic performance is expected to continue until March 2022.

Social distancing measures to see 14-day extension

The period covered will be from January 21 - February 20, 2022.

SGX RegCo questions Metech International shares

The stock saw a contradicting rise of 51%, despite the STI observing a dip of 4.2% during the period. 

KPMG allocates $1b to green initiatives

Along with this, the group recommends a green financing bank.

Pegasus Asia’s Singapore SPAC public offer subscribed 7.8 times

The SGX listed SPAC raised $23.4m from the offering.

9 in 10 Singaporeans plan to increase crypto investments in 2022

They believe crypto's value will increase in the next five years.

Market update: STI Up 0.27%

ThaiBev had the most growth.

MAS fines Vistra Trust (Singapore) $1.1m for failures in its AML/CFT controls

VSTPL’s failures placed the trust at a higher risk of being used as a conduit for illegal activities, says MAS.

Singapore’s household spending to grow by 3.1% in 2022: Fitch Solutions

The growth rate estimate is lower than the 2021 forecast of 6.6%.

DBS to only send 'essential' SMEs to retail, wealth customers

The bank assured customers that it employs a multi-layered defence system against fraud.

S-REITS well-positioned to weather interest rate hikes: RHB

This after S-REITs delivered a modest 6% in total returns in 2021. 

Singapore launches new measures to bolster digital banking security

Banks are asked to remove links in emails and SMS sent to customers.

CapitaLand Development divests Vietnam-based Capital Place for $751m

It will redeploy the proceeds from this divestment into higher-yielding assets.