News
MAS launches Ubin+ to study cross-border FX settlement using CBDCs
MAS launches Ubin+ to study cross-border FX settlement using CBDCs
It will study business models and create policy guidelines.
Sembmarine unit bags maintenance contract for Hornsea 2 Offshore Wind Farm
The unit will undertake the servicing the wind farm’s low voltage and ancillary systems.
ARA US Hospitality Trust's net income falls to US$11.9m in Q3
Year-to-date, however, the trust's income increased.
Larger HDB flats take a hit from September cooling measures
Prices for executive flats dipped 1% MoM, the first time since July 2021.
Daily Markets Briefing: STI declines 1.47%; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding was the top active stock with a 2.42% increase.
HDB resale prices up 0.5% MoM in October
A total of 1,965 HDB resales were transacted last month.
Investment holding vehicle raises cash consideration per offer share in SMG
The revised final cash consideration is at $0.40 per offer share.
NetLink NBN Trust's profit grows 36.1% YoY in H1 FY23
Its EBITDA was up 15% to $145.6m.
Sembcorp Marine’s proposed KOM acquisition gets green light from CCCS
The acquisition will not lead to a substantial lessening of competition.
DBS Group’s net profit jumps 32% YoY to $2.24b in Q3
Its total income grew 28% to $4.54b.
CIMB Singapore increases fixed deposit rate up to 3.90%
This is the highest as of 31 October.
ComfortDelGro consortium clinches tender for the installation of EV charging points in HDB car parks
LTA awarded the consortium two of its 10 packages.
Tokenised assets, stable coins central to Singapore’s crypto hub ambitions
Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.
ERA Realty enters new era with revamped brand look, tagline
The brand refresh comes as the agency celebrates its 40th anniversary.
MAS kicks off pilot test of DeFi application in wholesale funding markets
The industry pilot was conducted by DBS Bank, JP Morgan and SBI Digital Asset Holdings.
Great Eastern’s profit attributable to shareholders dips 12% to $780.9m in 9M22
The decline was due to lower valiant of investment in the shareholder’s fund.
PMI contracts to 49.7 in October
It dipped 0.2 points from September.
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