Shares of Singapore’s top three banks rose Thursday after the country’s financial regulator lifted a cap on dividend payouts that was implemented following the Covid-19 pandemic. Singapore’s largest ... ( read original story ...)
Singapore banks’ shares surge after MAS lifts dividend cap; higher payouts expected
Dividend payouts for DBS, OCBC and UOB are expected to make a "strong comeback". . Read more at straitstimes.com. ( read original story ...)
Singapore’s PropertyGuru may consider future Asia listing after going public in New York as it aims to be ‘gateway’ to region’s real estate
PropertyGuru Group, the Singapore-based property technology company that agreed to be taken over last week by Richard Li Tzar-kai's special public acquisition company (SPAC), may consider an Asian ... ( read original story ...)
Mild Upside Called For Singapore Stock Market
The Singapore stock market on Wednesday wrote a finish to the three-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just above the 3,140-point ... ( read original story ...)
Singapore’s MHA slams Nikkei Asia’s opinion piece on KTV lounges for being ‘full of inaccuracies’
The Ministry of Home Affairs (MHA) has slammed an opinion piece that was published in Japanese financial newspaper Nikkei Asia, saying it was “full of inaccuracies”. The commentary had criticised ... ( read original story ...)
Singapore fund joins Morrisons siege
Singapore’s sovereign wealth fund has joined forces with the Fortress-led consortium pursuing Wm Morrison, giving the bidder more firepower to raise its offer if required.GIC said yesterday that it ... ( read original story ...)
Singapore’s champion and the fight to defend his Olympic crown: Joseph Schooling’s Tokyo challenge
TOKYO: Who can forget that Saturday morning in Singapore five years ago when Joseph Schooling stunned the world at the Rio Olympics. His ... ( read original story ...)
Of 136 new COVID cases in Singapore, 29 linked to Jurong Fishery Port and KTVs
The Ministry of Health (MOH) on Wednesday (28 July) reported 136 new COVID-19 cases in Singapore, taking the country's total case count to 64,589. ( read original story ...)
mm2 Asia gets offer for Cathay cinema business
Singapore-listed mm2 Asia has received an offer for its Cathay cinema business from local financial investment firm Kingsmead Properties.. Read more at straitstimes.com. ( read original story ...)
Singapore Wealth Fund Joins Fortress’s Bid for Morrison
Singapore’s sovereign wealth fund is joining Fortress Investment Group’s 6.3 billion pound ($8.75 billion) bid for Wm Morrison Supermarkets Plc as the battle for Britain’s fourth largest grocer heats ... ( read original story ...)
Daily briefing: Shipping rates may rise further: analyst; 4 global firms to set up shop in ‘smart business district’
US Defence Secretary. From CNBC Shipping rates have increased, but not to their highest, an analyst said as the industry is not yet headed to a “supercycle.” Shipping rates increased this year as the ... ( read original story ...)
CDL’s Chia Ngiang Hong on Singapore’s property trends and future opportunities
Chia Ngiang Hong, group general manager of City Developments Limited (CDL) on the local luxury residential market. ( read original story ...)
US has ‘no plans right now’ to increase LCS presence in Singapore, says Navy chief
CNO Adm. Mike Gilday said that “there are no plans right now to actually increase the numbers that rotate in and out of Singapore,” adding that he thinks the current operating model meets the Navy’s ... ( read original story ...)
COVID-19: Private investment to recover mid-2022: DBS
Private consumption, which has taken a hit due to a local COVID-19 outbreak that started in May, is not expected to recover until the middle of next year, given Taiwan’s low vaccination coverage and a ... ( read original story ...)
5 new Covid-19 clusters in S’pore, bakery business in Jurong to close til Aug. 12
The Ministry of Health (MOH) has preliminarily confirmed 136 new cases of Covid-19 infection in Singapore as of 12pm on Wednesday (July 28). This brings the total number of Covid-19 cases reported in ... ( read original story ...)
M1 launches 5G Standalone network in Singapore
M1 plans to accelerate the roll out of its 5G SA network and extend its coverage to about 75% nationwide by the end of the 2021 ... ( read original story ...)