See More Articles Posted 18 Oct 2019 - evankoh

12 Nov 2019

6 hours ago

Singapore fintech firms grabs more than half of funding in Asean: Report


SINGAPORE (Nov 12): Financial technology firms in Singapore continue to grab the lion’s share of funding in Asean, according to a report by United Overseas Bank (UOB), PwC and the Singapore FinTech Association (SFA). According to the report, “FinTech in Asean: From Start-up to Scale-up”, fintech companies ...

The Edge Marketssgx:u11lse:oct

14 hours ago

Singapore stocks: STI resumes Tuesday afternoon up 0.37% on day


SINGAPORE shares held onto their gains as trading resumed on Tuesday afternoon, with the Straits Times Index up 0.37 per cent, or 11.94 points to 3,252.59 as at 1pm. Gainers outnumbered losers 177 to 133, after about 804.9 million shares worth S$572.9 million changed hands. Among the most heavily traded ...

The Business Timessgx:n2iuklse:5182lse:opmsgx:s63sgx:5whsgx:o39klse:0080sgx:e5hsgx:d05lse:mct

14 hours ago

Condo resale prices up 0.8% in October


The priciest unit resold was from The Marq On Paterson Hill for $29.5m. Condo resale prices climbed 0.8% MoM in October as all three regions posted growth, according to the SRX Price Index. On a YoY basis, resale prices rose 2%. The core central region (CCR) recorded the biggest price growth at 2.9% ...

Singapore Business Reviewklse:7071sgx:bn4

15 hours ago

OCBC to enable PayNow fund transfers by January 2020


This will make Singapore the second country to launch a new version of Google Pay. OCBC Bank has partnered with Google to enable account-to-account PayNow fund transfers using an app set to roll out in Singapore by January 2020, the bank shared in a press release. The service is currently in beta-testing ...

Singapore Business Reviewusx:googsgx:o39usx:googl

17 hours ago

Stocks to watch: MCT, First Resources, Raffles Medical, UE, Bumitama, Vicom, KSH


THE following companies saw new developments that may affect trading of their shares on Tuesday: Mapletree Commercial Trust (MCT): MCT has raised S$460.5 million in gross proceeds from its preferential offering, which was 1.45 times subscribed, it said on Monday night. Some 205.6 million new units will ...

The Business Timessgx:n2iusgx:omksgx:5tpsgx:p8zsgx:no4sgx:v01sgx:5absgx:s68sgx:u05sgx:bslsgx:eb5sgx:u04lse:mctklse:5182sgx:er0usx:hcsgsgx:axbsgx:f03

17 hours ago

Singapore shares rise at Tuesday's open despite HK, trade woes; STI up 0.38%


SINGAPORE equities advanced in early morning trade on Tuesday, recovering from the previous day’s losses, despite a fresh escalation of violence in Hong Kong and lingering uncertainty over progress towards a US-China trade deal. The Straits Times Index (STI) rose 0.38 per cent or 12.33 points to 3,252.98 ...

The Business Timessgx:n2iulse:boesgx:s63sgx:v01sgx:o39sgx:u11sgx:bslklse:0080sgx:e5hsgx:eb5lse:mctklse:5182sgx:er0sgx:o5rusgx:5g9sgx:5h7wsgx:d05

17 hours ago

Singapore condo resale prices extend climb in October: SRX


RESALE prices for non-landed private residential properties in Singapore continued its rise in October following an increase in September, while volumes picked up from a slight dip, according to flash figures from real estate portal SRX Property on Tuesday. Condominium resale prices rose 0.8 per cent ...

The Business Timesklse:7071lse:angsgx:40usgx:bn4

19 hours ago

MCT raises $460.5m in oversubscribed preferential offering


It will be used for the acquisition of Mapletree Business City (Phase 2). Mapletree Commercial Trust (MCT) has raised about $460.5m in a preferential offering of 205.59 million units priced $2.24 per unit, the company announced. MCT received a total of 298.89 million units, including excess applications ...

Singapore Business Reviewklse:5182lse:mctsgx:n2iusgx:s68

23 hours ago

US$2b investment boost for Singapore's green finance push


Singapore SINGAPORE's quest to become a global green finance hub just got a US$2 billion speed boost with the launch of an investment programme to support the growth of climate-friendly projects. Known as the Green Investments Programme (GIP), the new initiative by the Monetary Authority of Singapore ...

The Business Timeslse:trigsgx:c09sgx:c70usx:googsgx:c31sgx:o39sgx:d05usx:googl

23 hours ago

Daily Markets Briefing: STI down 0.72%


Venture saw the sharpest decline amongst top active stocks with a 5.84% fall. The Straits Times Index ended 23.65 or 0.72% lower at 3,240.65. The top active stocks were DBS, which climbed 0.11%, Venture, which slipped 5.84%, UOB, which dipped 0.33%, Singtel, which dropped 0.3%, and OCBC Bank with a 0.18% ...

Singapore Business Reviewsgx:z74sgx:es3sgx:o39sgx:u11klse:0080sgx:d05

23 hours ago

Public healthcare agencies to adopt SGQR payments by end-2020


Singapore DBS Bank is working with Singapore's public healthcare system to move all public hospitals, specialty centres and polyclinics onto the nation's unified payment code, Singapore Quick Response Code (SGQR), by the end of next year. In a phased approach to encourage a gradual... To continue reading ...

The Business Timessgx:t39sgx:d05

23 hours ago

DBS and OCBC tie up with tech giant Google


Singapore DBS and OCBC Bank are tying up with tech giant Google. Both Singapore banks are due to launch Google Pay services with OCBC's PayNow service and DBS's PayLah! by early 2020. OCBC Bank customers will be the first in Singapore to be able to link their bank accounts... To continue reading SUBSCRIBE ...

The Business Timessgx:mu7usx:googsgx:o39sgx:t39sgx:d05usx:googl

23 hours ago

DBS has solid Q3, but faces margin squeeze


Singapore SOUTH-EAST Asia's largest lender DBS will not be able to meet its 2019 net interest margin (NIM) growth forecast that it had guided for earlier, as the three interest rate cuts by the US Federal Reserve this year took the bank by surprise. In its third-quarter results briefing on Monday, DBS ...

The Business Timeslse:feessgx:o39sgx:u11sgx:d05

23 hours ago

US-China trade doubts, HK unrest spook investors


SINGAPORE equities got the week off to a rough start after doubts surrounding US-China trade talks surfaced and tensions in Hong Kong were at fever pitch once again. The Straits Times Index (STI) could not shrug off those concerns despite better-than-expected earnings from DBS Group... To continue reading ...

The Business Timessgx:t39klse:0080sgx:d05

1 day ago

Mapletree Commercial Trust's preferential offering 1.45 times subscribed


MAPLETREE Commercial Trust (MCT) has raised S$460.5 million in gross proceeds from its preferential offering, which was 1.45 times subscribed, it said on Monday night. Some 205.6 million new units will be issued on the basis of 71 new units for every 1,000 existing units in MCT. The issue price for the ...

The Business Timessgx:n2iulse:mctklse:5182sgx:s68

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