News
Chart of the day: APAC leads most AUM source for Singapore in 2021
Chart of the day: APAC leads most AUM source for Singapore in 2021
The region also leads the highest total for AUM investment outside of Singapore.
'Smaller impact' on Singtel's earnings after subsidiary Optus hit by cyberattack
The analyst sees earnings impact to reach 4% in 2023.
CICT net property income climbs 12.7% in Q3
Its income stood at $273.3m.
Marina Bay Sands sustains gaming revenue recovery in Q3
Net revenue recovered 4% during the quarter.
Chart of the day: Singaporeans spend 5 hours a day in apps in Q3
This was a 40% increase from the previous quarter.
Daily Markets Briefing: STI down 1.7%; Emperador is top stock
Emperador was the top active stock as it logs a 1.03% rise.
BNPL code launched, outstanding payments limited to S$2,000 without credit assessment
Consumers are now entitled to make full repayment without early repayment fees.
Themed lifestyle stores gain ground in malls
Such stores include Daiso, Don Don Donki, Decathlon, and Muji.
Wilmar International net profit to reach up to US$650m in Q3
The third quarter is traditionally the best earning due to seasonally higher output in palm oil.
1 in 3 private home mortgages under a floating rate: MAS
For HDBs, that’s just 1 in 5 loans extended by financial institutions.
Medical devices to undergo cybersecurity labelling scheme
This comes as medical devices are now more connected to the hospital and home networks.
OCBC appoints Sunny Quek as head of global consumer financial services
He will lead the bank’s banking and wealth business in Singapore.
Singapore is 5th most expensive market for data centre construction
This is partly due to changes in planning conditions.
Daily Markets Briefing: STI down to 3,022.70; Yangzijiang Shipbuilding is top stock
Yangzijiang was the top active stock with a 6.14% increase.
Largest Coty digital store in Southeast Asia opens
The beauty company has launched the Hugo BOSS Fragrances on LazMall Prestige.
Redevelopment site along Pasir Panjang Road sold for $18.5m via bidding
It sold above the guide price of $18m.
Data privacy is essential to building trust, further digital innovation
Vivien Mah of EY Consulting observed a great push in the world, calling for higher standards of protecting the privacy of customers.
Commentary
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Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines