News

6 firms awarded in Deloitte’s inaugural Singapore’s Best Managed Companies

The accounting giant has run this award program in 37 countries.

6 firms awarded in Deloitte’s inaugural Singapore’s Best Managed Companies

The accounting giant has run this award program in 37 countries.

Market Update: STI down 0.2%

Mapletree Commercial Trust saw the sharpest decline during Thursday's trading, with a 1.39% drop.

Chart of the Day: Singapore REITs' average occupancy rates dip to 95%

In particular, retail and office S-REITs saw the largest drops in occupancy rates.

Grab-Singtel, iFAST apply for Malaysian digital bank license

Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.

Singapore wealth platform Endowus gets backing from UBS, others

It will use the funds to expand in the country and in Hong Kong.

Economic growth could exceeed 4-6% forecast: MAS

MAS Managing Director Ravi Menon said the government could upgrade its GDP forecast for 2021.

MAS net profit plummets by more than 50% to $5.2b

Half of the profit will be added to its reserves, whilst half will go to the government.

CapitaLand exits Japan retail sector, invests in new logistics facility

The real estate firm will invest $90.8m in a new logistics facility in Osaka, Japan.

ESG funds, the next trend in early stage investments?

Logistics, SaaS, health tech, and e-commerce industries to see significant growth in this ‘golden age of technology'.

Workforce confidence wanes in 2021: survey

Only 64% are confident about their firm's future compared to 81% in 2021.

Gov’t tops up $3.5m for maritime sector support

Fresh funds will be given to the MaritimeSG Together package to bring the cumulative amount to more than $36m.

UK-SG forge new financial partnership

The two maritime nations have committed to strengthen regulatory cooperation and accelerate green finance.

More Singaporeans ground travel plans for the next three months: survey

Singaporeans who plan to travel in the future dipped from 22.40% to 20.26% in June.

LiquidX's Singapore entity obtains MAS insurance brokerage licence

LISS will help banks, asset managers, and corporates access trade credit insurance coverage.

CSA launches cybersecurity awareness campaign

The agency will work with Shopee, Carousell, and NTUC FairPrice to publicise the campaign.

Chart of the Day: Singapore's elderly population to increase to 40.1% in 2050

The proportion of people aged 65 or older in the ASEAN region is above 7%.