Markets & Investing

SG firms lead investment in AI and machine learning technologies

Local businesses, on average, invest 24% of their annual budget in AI and machine learning.

Regulatory uncertainty hinders digital asset investment in SG

Investors (48%), however, believe regulators are committed to improving regulations.

Israel-Palestine conflict will have no ‘significant impact’ on operations: Trendlines Group

The investment company said its operations are ‘well-distant’ from military activities in Israel.

Top five reasons why affluent Singaporeans invest

Additional income (44%) is the number one reason why rich Singaporeans invest.

SG’s outbound investment drops 36.4% QoQ in 3Q23 

Year-on-year, outbound investment declined 62%.

​​​​​​​Property investment market activity to remain muted for the rest of 2023

Knight Frank expects total investment sales for 2023  to reach around $18b-$20b.

UOB joins LCH SwapClear and ForexClear as as direct clearing member

UOB is the first SEA bank to join ForexClear as a direct member.

True Light announces closure of its fund at $4.5b

The fund will support True Light and Temasek’s joint investment projects.

SG emerges as the world’s leading source of capital investment

The country’s cross-border capital investment reached US$21.8b in 1H23.

DPM Lawrence Wong named deputy chairman of GIC

He has served as GIC director since 1 November 2018.

Competition commission greenlights Fujifilm-CMC Materials KMG Corporation merger

The commission cited four reasons for its financial assessment.