Finance and Markets
PropertyGuru enters into definitive merger for USD 1.1 billion
PropertyGuru enters into definitive merger for USD 1.1 billion
Southeast Asia’s leading property technology company, today announced that it has entered into an agreement and plan of merger with affiliates of BPEA Private Equity Fund VIII Limited (“EQT Private Capital Asia”).
Singapore's exports exceed median forecast
July’s non-oil domestic exports (NODX) jumped 15.7% y/y in July (June: -8.8%), far exceeding Bloomberg’s median forecast of 1.2% (UOB: 2.8%).
Singapore logistics investments: stable
Singapore remains stable amid global industrial and logistics transactional activity despite H1 investments across APAC down 11% year-on-year.
Gen Z--the alpha of new payment trends
The younger generations are quickly embracing digital payment methods, leading the shift to building a digitally connected society.
Approved mortgage loans dipped 2.8% to $45.3b in Augus
The number of mortgage applications also decreased by 26.5% MoM.
Why did it take long for Singapore to roll out video banking?
Here are the challenges banks have to face.
Singapore banks still averse to funding diversification: Fitch
DBS, OCBC and UOB will continue to accumulate customer deposits aggressively.
Phillips Securities sees positive outcome in Danamon acquisition
DBS has the funding capabilities to increase Danamon’s growth.
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