Hello, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), ended Wednesday at 3,533.99 points, down 14.75 points or 0.42%. CapitaLand Commercial Trust (SGX: C61U) lost ... ( read original story ...)
Singapore durian-themed cafe smells winning combination
A Singapore eatery centred around the pungent tropical fruit durian has caught a whiff of success as patrons flock to the cafe in droves for a bite of its exotic offerings. The spiky fruit long regarded as a delicacy in Southeast Asia has left a divisive ... ( read original story ...)
Exclusive: OCBC to use deep learning satellite technology in oil financing
Singapore bank OCBC is trialling the use of deep learning satellite technology in a bid to reduce risks in the financing of crude oil. The bank has engaged specialist data analytics firm ImageSat International (ISI) to estimate crude oil levels in tanks ... ( read original story ...)
Singapore bank lending weakens in December: MAS
SINGAPORE - Bank lending in Singapore was down 0.3 per cent in December from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) on Wednesday (Jan 31) showed. This reversed from the 0.6 per cent month-on-month gain in November. ( read original story ...)
LY Corp debuts at 28.5 S cents on Catalist, 9.6% higher than IPO price
at 28.5 Singapore cents, a 9.6 per cent gain from its 26 cents initial public offering (IPO) price. As at 9.07am on Wednesday, the counter was trading at 29 Singapore cents apiece. Some 4.89 million shares changed hands. LY Corp is the first to launch an ... ( read original story ...)
Singapore December bank lending rises 5.6 pct y/y
SINGAPORE, Jan 31 (Reuters) - Singapore’s total bank lending in December rose 5.6 percent from a year earlier, on increased lending to financial institutions and a rise in housing and bridging loans, central bank data showed on Wednesday. Loans and ... ( read original story ...)
Singapore witnesses less bank lending in December
SINGAPORE, Jan. 31 (Xinhua) -- Singapore's total loans and advances including bills financing of Domestic Banking Units (DBU) declined 0.27 percent month-on-month in December, to a predicted 651.93 billion Singapore dollars. This reversed from a 0.64 ... ( read original story ...)