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Trintech Achieves Record-Breaking New Customer Adoption and Expansion in H1

23 Aug 2019 - ACN Newswire
Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, continued to expand its market leadership and global footprint in the first half of its fiscal year. The rapid adoption of Trintech's financial solutions to drive Risk Intelligent RPA(TM) ...

COE prices fell across the board as latest bidding exercise dipped

22 Aug 2019 - Singapore Business Review
Premiums for category B cars fell to $38,602. Certificate of Entitlement (COEs) premiums across all categories fell in its latest bidding exercise on 21 August, an announcement revealed. Also read: COE supply to fall by 17.7% for August-October Premiums for category A vehicles, comprising cars below ...

Big banks hit averaged dividend yield of 4.5% in H1

22 Aug 2019 - Singapore Business Review
DBS led the pack with a dividend yield of 4.9%. DBS Group (DBS), Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) have maintained an average indicative dividend yield of 4.5% in H1 as the Big Three continues to enjoy strong profit growth, according to an SGX report. Also read: Singapore ...

REITs buck earnings downturn in Q2

22 Aug 2019 - Singapore Business Review
The sector was supported by acquisitions and lower interest rates. The earnings of major stocks covered by DBS Group Research reversed the 0.1% growth in Q1 after falling 2.2% in Q2 2019 largely due to the downturn across sectors except for REITs, a note revealed. A lack of order wins, specifically by ...

COE prices fell across the board in latest bidding exercise dipped

22 Aug 2019 - Singapore Business Review
Premiums for category B cars fell to $38,602. Certificate of Entitlement (COEs) premiums across all categories fell in its latest bidding exercise on 21 August, an announcement revealed. Also read: COE supply to fall by 17.7% for August-October Premiums for category A vehicles, comprised of cars below ...

Daily Briefing: 50 firms raise retirement age; Moov seeks license to expand 1,000-bike fleet

15 Aug 2019 - Singapore Business Review
And NUS researchers invent “smart” clothing that boosts bluetooth and wifi connectivity. From Channel News Asia: More than 50 companies have voluntarily raised the retirement or re-employment ages of their workers beyond the statutory requirements, said NTUC secretary-general Ng Chee Meng on Thursday. ...

Singapore hits back at Elon Musk's criticism on EV adoption

22 Aug 2019 - Singapore Business Review
In January, Musk criticised the city for being slow to adopt EVs. After Tesla CEO Elon Musk criticised Singapore for being slow to adopt electric vehicles (EV) in a tweet in January, the city has retaliated and said that taking mass transit is a better climate change solution than "tooling around" in ...

Singtel Group prices $1.04b 10-year notes at 2.375%

22 Aug 2019 - Singapore Business Review
Its order book is 3.6 times oversubscribed. Singtel Group Treasury, a wholly-owned subsidiary of Singapore Telecommunications (SingTel), has priced $1.04b (US$750m) of 10-year notes, an announcement revealed. Its order book closed after receiving interest of approximately $3.74b (US$2.7b), which is 3.6 ...
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Corporate earnings take hit as economy slows

22 Aug 2019 - Singapore Business Review
STI constituents posted their first profit decline in six quarters. Bloomberg reports that Singapore's slowing economic growth has started to weigh on company earnings with companies in the benchmark Straits Times Index posting their first profit decline in six quarters in the three months ended June. ...

Could bonds buoy Singapore from rising sea levels?

22 Aug 2019 - Singapore Business Review
Government bonds could fund its $100b effort to mitigate the effects of climate change. Singapore is weighing the usage of bonds and reserves to fund its $100b effort to combat rising sea levels and mitigate the effects of climate change, Bloomberg reports. In the short-term, funding for projects such ...