News
MAS launches framework to promote AI and data analytics adoption
MAS launches framework to promote AI and data analytics adoption
It will enable financial institutions to evaluate their AIDA-driven solutions against FEAT principles.
ComfortDelGro's profits down 10.8% to $70m in Q3
This was due to higher losses in the rail business and competition in the taxi business.
Temasek prices 12-year and 30-year euro bonds at 0.5% and 1.25%
Both issuances were oversubscribed.
Cromwell EREIT's Q3 NPI jumped 32.3% to $42.69m
Net income from office assets surged 76.6% to $23.26m.
UOL profits down 7% to $80.05m in Q3
This was due to lower profit from the group’s properties.
Chart of the Day: Check out the notable new store openings in Singapore in Q3
There were several notable F&B store openings amidst retail sales rising 2.2% in September.
Daily Briefing: EDBI invests in US fintech firm Pico; Advanced MedTech co-leads $13.6m SonoMotion funding
And travel search engine Wego is teaming with the Macau government to lure in tourists.
Daily Markets Briefing: STI down 0.87%
Singtel saw the sharpest decline amongst top active stocks with a 1.79% fall.
Singapore's big three banks averaged total return of 12% YTD
DBS, OCBC and UOB have averaged an 8% YTD growth in net profit to a combined $11.85b.
IMDA to offer 5G capabilities consultancy with Microsoft
They will create an environment for co-creating 5G use cases.
Condo rents up 4.2% in October
CCR rents took the lead as it grew 6.3%.
HDB rolls out 8,170 flats for sale
The BTO projects span across Ang Mo Kio and Tampines.
Sembmarine's loss widens 76.8% to $52.62m in Q3
Low business volume and costs from new rigs and floaters worsened its loss.
Central Bank of France to open first Asian office in Singapore
They aim to forge closer relations with APAC central banks and financial authorities.
Temasek eyes first euro-bond sale in four years
It may sell 12-year and 30-year benchmark notes.
Chart of the Day: CBD and city fringe offices rent gap to widen to 30% in 2023
City fringe rents are expected to grow 2.4% from 2019-2023.
Daily Markets Briefing: STI up 0.84%
United Engineers led the gains amongst top active stocks with a 1.89% rise.
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