News
MAS and ABS set up banking conduct committee
MAS and ABS set up banking conduct committee
It will serve as a platform for banks to self-asses and update industry codes of conduct.
Daily Briefing: Smart wearables startup KaHa bags US$6.2m in series B funding; Singapore-based hospitality firm to build US$40m resort in Phuket
And edtech startup Cudy has raised an undisclosed amount in a seed funding round.
Chart of the Day: Singapore's prime office rents up 23.7% in Q1
Limited supply for mid-sized units pushed leasing costs up.
Daily Markets Briefing: STI down 0%
Don't expect gains today.
Oxley's Chevron House sale to be completed by Q1 2020
It is currently undergoing asset enhancement initiative works.
Nearly four in ten IT workers will be temps by 2023
More control over staffing and recruitment costs are pushing bosses to embrace flexible set-ups.
STT GDC and Frasers Property TH to build $301.48m data centre in Bangkok
The first phase of construction is expected to be completed by 2021.
HDB launches 6,735 flats in May
They comprise 3,485 BTO and 3,268 SBF units.
Singapore's top healthcare stocks average 5% YTD dividend yield
This outpaces STI's 12M yield of 4%.
Singapore expat pay package hit $325,000 in 2018
This was thanks to the average salary increase of $6,713.50.
Daily Briefing: Singapore and Malaysia suspend intercity rail project; Banks race against BigTechs to lure top cloud talent
And a smoking cabin that turns cigarette smoke into clean air was launched outside Fusionopolis.
Daily Markets Briefing: STI down 0.69%
Expect muted gains today.
Chart of the Day: Commercial property investments soared 72% to $2.62b in Q1 as Singapore bucks APAC decline
Office assets were the main engines in pushing transaction volumes forward.
Healthcare startup Biofourmis raises $35m in series B round
The proceeds will be used to enhance its AI digital therapeutics platform.
Singapore's worst stock fails to cash in from diversification play
Dairy Farm International fell 15% YTD in what marks the biggest STI decline.
ST Engineering to sustain positive orderbook momentum with $4.2b in contracts
In Q1 alone, the firm scored $2.1b in new contracts for the aerospace and electronics segments.
Olam International arm prices US$120m US debt private placement
The notes were placed to nine investors at a fixed rate of 3.89% for five years.
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Commentary
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