HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance Group, a source familiar with the Chinese insurer’s thinking said, adding the ... ( read original story ...)
Revamped DBS building in Newton is fully powered by solar energy, plants on its facade house birds & butterflies
Say hello to DBS Newton Green – the first bank building in Singapore that produces as much energy as it consumes. The 30-year-old building was certified by the Building and Construction Authority (BCA ... ( read original story ...)
S’pore drew $6.3b in fixed asset investments in Q2; projects to create over 5,100 jobs
When the projects are fully implemented, they are expected to generate $6.1 billion in value-added to the economy. Read more at straitstimes.com. ( read original story ...)
Residential sector leads Singapore’s Q2 property investment sales
Its $3.3b worth of transactions accounted for 49% of overall sales. Singapore’s real estate investment activity was lacklustre in the second quarter of the year, with investment sales dropping 32% qoq ... ( read original story ...)
Commercial investment in Singapore up 74% in 2Q2022: MSCI
Demand for property in the city-state last quarter was broad-based, with CBD offices attracting most of the investment capital while shopping centres and hotel developments were also on investors' ... ( read original story ...)
Singapore’s central bank can be ‘kinder’ if inflation peaks in the current quarter: Economist
Song Seng Wun of CIMB Private Bank discusses how the Monetary Authority of Singapore might handle the country's inflation. ( read original story ...)
More pirate attacks expected in Singapore Strait this year amid Ukraine war, report says
Attacks in the Singapore Strait, one of the world’s busiest shipping lanes, have risen significantly since 2019. ( read original story ...)
Atome Financial seals US$100 million loan with HSBC
Atome Financial has secured a US$100 million debt facility from HSBC Singapore to bolster its flexible deferred payments business across Asia. ( read original story ...)
Atome Financial enters into US$100m debt facility with HSBC
ATOME Financial has entered into a US$100 million debt facility with HSBC Singapore. The company houses buy now, pay later (BNPL) player Atome and Indonesia-based digital lending platform Kredit ... ( read original story ...)
Standard Chartered and ADM successfully execute USD500m Sustainable Export Letter of Credit programme
Standard Chartered and ADM (NYSE:ADM) today announced the successful execution of the Bank’s first Green Trade Export Letter of Credit (LC) programme in Singapore, London and New York. ( read original story ...)
S’pore drew $6.3b in fixed asset investments in Q2; projects to create over 5,100 jobs in coming years
SINGAPORE - Singapore drew $6.3 billion of fixed asset investments in the second quarter of 2022, bringing the commitments garnered in the first half of this year within the Economic Development Board ... ( read original story ...)
Share Market Live: Sensex rises 550 pts, Nifty scales 17,700; TechM, Wipro top gainers
The Indian market opened higher today. Sensex rises 578 points to 59,396 and Nifty gains 160 points to 17,695. ( read original story ...)
Share Market Live: Sensex, Nifty likely to open higher today
The stock market ended on a flat note on Wednesday, led by a fall in consumer durables and information technology shares. ( read original story ...)
Singapore Narrows GDP Forecast After Economy Shrinks in 2Q
Singapore trimmed its 2022 growth forecast to reflect an increasingly challenging global environment, after the economy slipped into contraction in the second quarter.Most Read from BloombergMusk ... ( read original story ...)
Singapore narrows 2022 GDP growth forecast to 3-4% amid further deterioration in global economic outlook
SINGAPORE: Singapore has trimmed its growth forecast for 2022, as the global economic environment weakens further amid challenges such as inflation and persistent supply chain disruptions. The Ministr ... ( read original story ...)
Stock Market Live Updates: SGX Nifty signals a gap-up start
Nifty futures on the Singapore Exchange traded 194.5 points, or 1.11 per cent, higher at 17,741, signaling that Dalal Street was headed for a positive start on Thursday. Nifty50 on Wednesday ended ... ( read original story ...)