News

Prudential and Orbis sell 42 million shares in Noble

Prudential and Orbis sell 42 million shares in Noble

$5.5m worth of shares were sold in less than a week as Noble approaches a bond default.

DBS launches Electricity Marketplace in Jurong

This will enable 108,000 households to apply for energy plans directly in the platform.

Credit searches by Singaporean firms rose 3.04% in 2017

These were fuelled by overall trade growth in 2017.

Brace for more price hikes amidst possible MAS tightening

The MAS could now tighten its policy in 2018 in a bid to ensure that headline inflation remains within its range of 0-1%.

2 in 5 workers will leave their companies in 2018

Besides salary issues, more workers are seeking new career challenges.

90,000 firms to get $800m in payouts from Wage Credit Scheme

SMEs will receive the bulk of the payouts, at around 71% of the sum disbursed.

MAS penalises Standard Chartered for money laundering requirement breaches

The breaches occurred when trust accounts were transferred from Guernsey to Singapore.

OCBC unveils $240m purpose-built data centre

The bank is avoiding interdependence on data centre tenancy.

Singapore's big business events put heat on hospitality sector

Hotel players are seeing a higher number of requests for proposals and rates getting firmer.

StarHub to sell electricity plans to consumers in April

It will offer consumers two clean energy subscription plans as the power market readies for liberalisation.

GuocoLand joint venture buys Pacific Mansion for $980m

The prime freehold site will be near GuocoLand’s other project Martin Modern.

Daily Markets Briefing: STI down 0.16%

Expect a cautious market as investors await the Fed rate decision.

Chart of the Day: Value of Singapore inbound M&A hits 6-year low

It reached US$516.8m, the slowest start to a year since 2012.