News
MAS extends $82.49b swap arrangement with the US Federal Reserve
MAS extends $82.49b swap arrangement with the US Federal Reserve
The MAS USD Facility offers up to $82.49b of funding to banks.
MAS asks local banks to limit FY2020 dividends
Lenders are called to cap their DPS at 60% of FY2019’s DPS.
Chart of the Day: Retail sales index fell 6.2% in Q1
Total retail sales declined by 33.4% YoY in April.
Daily Markets Briefing: STI down 0.37%
Wilmar International led the gains amongst top active stocks with a 3.37% expansion.
Daily Briefing: Singapore deploys Biofourmis tech for COVID-19 monitoring; Face verification to allow sign up for digital banking
And restaurant no-shows rise as the F&B scene struggles through the pandemic.
Globalization Partners launches APAC revenue team
Charles Ferguson was appointed as the general manager in the region.
Ascendas India Trust's NPI up 1% to $73.5m in H1
DPU is declared at 4.56 cents.
CDL Hospitality Trust's NPI dropped 56% to $29.72m in H1
Most of its hotels were either temporarily closed or were operating at low occupancies.
CRCT's NPI fell 18.6% to $65.28m in H1
It was affected by the absence of contribution from CapitaMall Erqi.
Sinohydro clinches $449.6m Tuas Water Reclamation Plant bid
It is the fourth major Tuas WRP construction contract awarded by PUB.
Singapore is top pick of financial firms planning to leave Hong Kong: report
Tokyo, Sydney, Taiwan, and South Korea are vying to benefit from Hong Kong's woes.
MAS revokes licence of Apical Asset Management due to serious breaches of law
The regulator also reprimanded the firm's CEO and director Yeh Yin Yee and Bernard Cheok Yin.
UOL bags $120m green loan from UOB
The 23-storey hotel is targeted to open in 2021.
Chart of the Day: Leasing volume of multiple-user factories plunged 43.5% in Q2
This represented a total rental volume of $2.5m.
Daily Markets Briefing: STI up 0.28%
UG Healthcare led the gains amongst top active stocks with a 37.14% expansion.
Daily Briefing: Tours in Singapore can now take up to 50 people; GIC's annualised return plunges to 2.7%
And at least 21 Singaporeans fall victim to transnational credit card fraud.
Firms, LLPs to lodge RORC information in new Central Register of Controllers
This will take effect from 30 July.
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