News
29% of organisations say data storage costs hamper digital transformation
29% of organisations say data storage costs hamper digital transformation
Organisations had to delete data which could have been used to create business value.
Ferry service between Singapore and Desaru, Malaysia approved
Ferry service opening is still pending with Malaysian port leaders.
SC-STS welcomes LCH’s clearing extension for OTC SORA derivatives
The central clearing was extended from 21 years to 31 years.
LIST: Top 20 SG stocks with highest net institutional inflows in Q2
In total, the 20 booked $1.94 billion of net institutional inflows in the year-to-date.
Chart of the day: The top 5 airline travel apps in Singapore
SQ Mobile takes the top spot.
Market update: STI up 0.7%
Sembcorp Industries recorded the most growth with 4.68%.
MAS unveils AI tool to help financial institutions curb greenwashing
The AI utility is part of the National Artificial Intelligence Programme in Finance.
Singtel-backed Globe’s stocks rights offer gets OK from board
It aims to raise ₱32b ($819m).
Civil servants awarded with 0.35-month mid-year bonus
They will receive an additional one-time payment of up to $400.
SGX RegCo, ACRA form advisory committee on sustainability reporting
The committee comprises 13 members.
Keppel DC Reit to acquire 2 Chinese data centres for $297.1m
The acquisition is seen to be completed from the third quarter of 2022 to 2023.
Sembcorp to build 200MW battery storage on Jurong Island
The project completion is expected by the end of the year.
Fly away now! Singaporeans 6th most travel confident in APAC
More than seven in 10 residents seek to travel in the next 12 months.
China reopening only ‘temporary relief’ to trade
Consumer spending in late 2022 will be impacted by price hikes.
Chart of the day: Electronics is top millennial gift idea for the holiday
Four in 5 Singaporean millennials look for shopping ideas online.
Market update: STI down 0.05%
Jardine Matheson Holdings was the top gainer.
Park View Mansions launched for collective sale at $260m
The tender will close on 27 July at 2 pm.
Commentary
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