MAS, Deloitte, S&P create prototype research platform for fintech investments

A NEW industry-wide digital research platform will help investors and financial institutions connect with fintech startups that they can partner with or invest in.

GIC, BlackRock buy UK gas pipeline firm Kellas Midstream

SINGAPORE sovereign wealth fund GIC and the world’s biggest asset manager BlackRock have inked a deal to buy Kellas Midstream from private equity firm Antin Infrastructure Partners.

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.

SFF X SWITCH

MAS-led payments network promises applicability beyond finance

THE Monetary Authority of Singapore (MAS), JPMorgan and Temasek have developed a blockchain-based prototype that enables payments to be made in different currencies on the same network.

SFF X SWITCH

MAS, IMDA to pilot real trades on cross-border SME digital platform

BUSINESS sans Borders (BSB), a cross-border digital trade platform experiment for small and medium-sized enterprises (SMEs), will be ramped up in the first half of next year, having completed its proof-of-concept (POC) stage, said the Monetary Authority of Singapore (MAS) and Infocomm Media...

Queen Mary repair costs: EHT says 'premature' for independent review of estimates

EAGLE Hospitality Trust (EHT) on Sunday night said it is still "premature" to appoint its own expert to se-parately evaluate the costs of the maintenance of the Queen Mary floating hotel at this stage.

Sembcorp buys remaining 30% stake in gas unit from Temasek's Seletar

SEMBCORP Industries (SCI) on Monday announced that its wholly-owned subsidiary Sembcorp Utilities (SCU) has completed the acquisition of the remaining 30 per cent interest in Sembcorp Gas for S$12.1 million.

MAS, Temasek, JPMorgan develop prototype network for multi-currency payments

THE Monetary Authority of Singapore (MAS), JPMorgan and Temasek have developed a blockchain-based prototype that enables payments to be made in different currencies on the same network.

EHT says 'premature' to assess sponsor's estimate of Queen Mary repair costs

EAGLE Hospitality Trust (EHT) on Sunday night said it is still "premature" to appoint its own expert to separately evaluate the costs of the maintenance of the Queen Mary floating hotel at this stage.

TPV Tech gets court's nod for privatisation, expects to delist on Nov 14

MAINBOARD-LISTED electronics company TPV Technology on Monday announced that its proposed privatisation via a scheme of arrangement was sanctioned by the court on Nov 8.

DBS Q3 profit climbs 15% to S$1.6b, beats estimates

DBS Group’s net profit for its third quarter climbed 15 per cent, boosted by loan growth, record fee income and higher trading gains, it said on Monday.

Launched: All-in-one Singapore platform integrating PayNow, Nets and other e-payment methods

MAJOR payment methods in Singapore such as PayNow, Nets and GrabPay are now accessible on an all-in-one platform created by Rapyd.

Mastercard, Tappy to embed payment chips in fashion items

CONSUMERS in Singapore will soon be able to pay for their purchases using their bracelets, analogue watches, rings, or sun-glasses.

Koon Holdings gets debt moratorium until February

THE High Court of Singapore has granted a debt moratorium to mainboard-listed Koon Holdings and its subsidiary Koon Construction & Transport (KCT).

Y Ventures queried by SGX after shares jump 18%

THE Singapore Exchange (SGX) on Friday queried Catalist-listed Y Ventures on its unusual trading activity, the third such query to the e-commerce firm in the past six months.

Mastercard, Tappy tie up to embed payment chips in fashion accessories

CONSUMERS in Singapore will soon be able to pay for their purchases using their bracelets, analogue watches, rings, or sunglasses.

All-in-one Singapore payment platform launched by fintech startup Rapyd

MAJOR payment methods in Singapore are now accessible via an all-in-one platform created by Rapyd.

Digital securities services provider Propine enters MAS fintech sandbox

PROPINE, a Singapore-based startup providing services for digital securities, was admitted into the Monetary Authority of Singapore’s (MAS) FinTech Regulatory Sandbox and granted a conditional licence on Friday.

Vividthree named exclusive tech provider for Malaysia tourism mixed project

CATALIST-LISTED Vividthree Holdings will be the exclusive provider of immersive technology, gamification and IT production for the HeurêkaLand Project, a tourism integrated development in Malaysia.

Stocks to watch: EHT, SPH Reit, LMIRT, Genting, MoneyMax, MindChamps

THE following companies saw new developments that may affect trading of their securities on Friday:

HOT STOCKS

Dyna-Mac surges 12.9% after death of CEO, biggest shareholder

SHARES of offshore oil and gas contractor Dyna-Mac Holdings climbed on Thursday amid active trading, prompting a query from the Singapore Exchange (SGX).

Investcorp eyes food sector with US$500m fund

THE Singapore office of Middle Eastern asset manager Investcorp has teamed up with partners in China and Hong Kong for a new US$500 million fund to buy food brands and manufacturing sites in Asia.

New sales dip 4% for Singapore life insurance sector in January-September

MARKET volatility and Singapore’s subdued economic growth weighed on insurance sales in the first nine months of 2019.

Dyna-Mac queried by SGX after shares climb 18% on heavy volume

SHARES of offshore oil and gas contractor Dyna-Mac Holdings surged on Thursday morning, prompting a query from the Singapore Exchange (SGX).

Investcorp, China Resources, Fung Investments start US$500m fund to invest in Asian food sector

THE Singapore office of Middle Eastern asset manager Investcorp has teamed up with partners in China and Hong Kong for a new US$500 million fund to buy food brands and manufacturing sites in Asia.