THE first exchange traded fund (ETF) dedicated to Singapore Real Estate Investment Trusts (S-Reits) is making its entrance here, with an aim to provide investors with low-cost access to high-quality S-Reits that offer a sustainable stream of income and potential capital growth. The Lion-Phillip S-Reit ETF, which will be listed on the Singapore Exchange, was […]
Read MoreINTERNATIONAL Enterprise (IE) Singapore signed two memoranda of understanding (MOUs) with Chinese tech partners last week to help more Singapore companies gain access to the market and the innovation ecosystem in China. The MOUs detailed partnership deals with AIRMaker, an accelerator that grooms IoT (Internet of Things) startups; NTUitive, the enterprise arm of NTU; and […]
Read More[SINGAPORE] Singapore’s total bank lending in August rose 0.3 per cent from July, on the back of higher loans to financial institutions, central bank data showed on Friday. Loans and advances by domestic banking units in the city-state amounted to S$634.4 billion last month, up from S$632.6 billion in July. Bank lending in August rose […]
Read MoreThe Philippines and Singapore have agreed to partner on liquefied natural gas (LNG) and electric vehicle initiatives, a senior Energy department official said. Phillippine Energy Secretary Alfonso Cusi and Singaporean Minister for Trade and Industry S. Iswaran have assigned point persons to collaborate and coordinate for further exchanges, Energy Undersecretary Felix Fuentebella said in a […]
Read MoreSINGAPORE saw the largest initial public offering (IPO) in six years in its market through September, according to data in the latest EY (Ernst & Young) Global IPO Trends: Q3 2017. Homegrown telecoms company NetLink NBN Trust raised US$1.7 billion on the mainboard of the Singapore Exchange (SGX) in July, making it the largest IPO […]
Read MoreTOO many cooks are spoiling the broth in Singapore’s pursuit of a cashless society. Competition among e-payment players will improve user experience, certainly, but Singapore does not need another new e-wallet; it needs a standardised Quick Response (QR) code or Point-of-Sale (POS) terminal, observers tell The Business Times. Anna Haotanto, chief executive of The New […]
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