News
ST Engineering units launch $5b multicurrency medium term note programme
ST Engineering units launch $5b multicurrency medium term note programme
Issuers will be allowed to issue notes from time to time.
SGX RegCo sets guidelines for holding annual general meetings
Issuers are advised to use a video link and segregate attendees across various venues.
66 filed proofs of claims against Hyflux worth $3.13b
About a third of the amount came from preference shares and perpetual securities.
Daily Briefing: Singapore's aviation hub status left in limbo amidst COVID-19; Cruise passenger traffic down 52%
And marketing tech company AnyMind Group has acquired India’s POKKT Mobile Ads.
Chart of the day: Average rents in City Hall, Marina Center fell 12% from 2014 peak
Average rents in the area have been on a downturn since 2010.
Daily Markets Briefing: STI down 1.18%
SGX led the gains amongst top active stocks with a 2.08% expansion.
Singapore, Hong Kong, Osaka hailed world's costliest cities for expats
Asian cities continue to have the most expensive groceries.
Sasseur REIT malls re-open with 129% surge in sales
The first-day sales of its Bishan outlet mall soared 228% to $390,910.
S-REITs' stock price plunges 22.4% from January peak
The price carnage mimics the movements seen during the GFC.
Singapore dethrones Hong Kong as freest economy in the world
Citizens of free countries are said to enjoy incomes more than double the global average.
Genting Singapore cuts pay for directors and managers
Non-executive directors will see a 15% reduction in fees.
OCBC's growth dampened as US Fed cuts rate
NIM forecast has been slashed to 1.68% as NPL ratio could rise to 1.9%.
Hyflux to hold scheme meeting on 22 April
An individual from EY Corporate Advisors will act as the chairperson of the meeting.
Singapore leads Asia on overseas recruitment
Skill shortage remains a driving force for expatriate-hiring.
SIA halves capacity
They also stated that further capacity cuts are underway.
Daily Markets Briefing: STI down 1.65%
DBS saw the sharpest decline amongst top active stocks with a 3.12% contraction.
Chart of the Day: Mortgagee sales value jumped 25.3% to $38.5m in 2019
The average ticket size of mortgagee sales almost doubled that of 2018.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape