News

Economy grew 3% in H1

GDP growth was slightly slower in Q2 as the manufacturing sector shrunk.

NETS unveils terminal-less contactless payment solution

It accepts card payments and QR payments from local and overseas apps.

8 in 10 Gen Zs keen on AI for enhanced banking, retail experience

About 43% of them have already used AI for shopping.

Singapore stock market sees $506m net institutional outflows in August

The net institutional outflows were led by the financial and industrial sectors.

Singapore's card payments market to grow by 14.3% in 2024

The rising demand for non-cash payments will drive this growth.

Strata office sales fall 15.6% HoH to $437.3m in H1 

The average unit price for strata office properties also fell, dropping 20.1%

Antler closes $72m Southeast Asia Fund II

Antler SEA Fund II plans to invest $27m in 45 startups.

Daiwa House Logistics Trust NPI down 8% YoY in H1 2024

Gross rental income also decreased by 9.3%.

Cordlife warns of H1 2024 loss

The company will disclose more details on or before 14 August.

SG's life insurance total weighted new business premiums surge 27% YoY in H1'24

Employment in the market was stable, a slight decrease of 0.5% versus last year.

Far East Hospitality sets Singapore record with 16 GSTC certifications

The company attributed its feat to efforts such as emissions tracking.

Investment properties boost Centurion’s net profit by 209% YoY

Net fair value gains from the investment properties totalled $61.6m.

OUE Limited dives into the red with $96.1m loss in H1

It attributed the loss to Gemdale, an OUE investee company.