News
Five highest-yielding stocks hit average dividend yield of 7.1%
Five highest-yielding stocks hit average dividend yield of 7.1%
Hutchison Port Holdings Trust has the highest dividend yield at 9.6%.
UOB to issue 1.625% covered bonds for $694.76m
The covered bonds will be issued as the seventh series of the US$8b Global Covered Bond Programme.
Singapore's Asian outbound capital fell 37% to $7.92b in H1
The decline could be seasonal as investors are typically more active in H2.
Hong Kong's property investment in Singapore hits $1.9b in H1
Key transactions include Gaw Capital’s purchase of Robinson 77 for $710m.
Childhood vaccination to be subsidised in CHAS general practitioner clinics
Subsidies will be available in both polyclinics and CHAS clinics by end-2020.
Chinese mogul Zhang Yong displaces Ng brothers as Singapore's richest
The Haidilao International founder debuted in the list with a net worth of US$13.8b.
Singapore medical device output grew 4.2% in June
The industry outperformed the output of the manufacturing sector, which fell 6.9%.
Half of SMBs and enterprises use near end-of-life OS
Just as many SMBs and enterprise workstations use Windows 7 as those that use Windows 10.
Chart of the Day: 30-year factory and warehouse leaseholds fell 1.1% in Q2
This follows a three-year continuous decline.
Daily Briefing: Crypto firm Sygnum eyes banking license; Chinese firm to buy AVIC Maritime for $31.58m
And cross-border payments platform TranSwap has obtained a license from Bank of Indonesia.
Daily Markets Briefing: STI up 0.83%
CapitaLand led the gains amongst top active stocks with a 2.07% climb.
Bartley Road GLS tender may get top bid of $100m
The residential site is expected to attract five to eight bidders.
J.P. Morgan to set up electronic FX trading and pricing engine
It will launch in early 2020.
MAS opens applications for new digital bank licences
Interested parties have until 31 December to submit applications.
UOL Group launches Avenue South Residence for preview
300 units will be launched with an average price of $1,780 psf to $2,250 psf.
Bukit Sembawang to launch preview of Luxus Hills
Houses can be leased with a 20% down payment or reserved with a 10% deposit.
Singapore speeds up processing time for tech patent application
Alibaba Group was granted an AI patent in a record time of three months.
Commentary
Machine-speed AI mistakes are Singapore’s next governance test
Banks need to rethink identity governance for AI agents
As Singapore broadens retail investing, who moves before the news?
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up