BT Mark To Market Podcast: What’s next for Frasers Hospitality Trust?

Synopsis: Listen to Senior Correspondent Ben Paul’s analysis and insight on market trends and corporate issues in Singapore in this podcast series based on his weekly column in The Business Times. What might have motivated minority holders of FHT’s stapled securities to vote against the proposed privatisation of Frasers Hospitality Trust and now what? Ben […]

ONBUFF Announces the Launch of Ragnarok NFT Sale & Limited-Edition NFT Auction

Seoul, Korea, September 14, 2022 – (SEAPRWire) – ONBUFF has announced the launch of the sale of their Ragnarok non-fungible token (NFT) and an auction for limited-edition NFTs. ONBUFF will open a new NFT marketplace at INNO Platform, a blockchain content platform for P2E game users and NFT enthusiasts, on [14th, September]. Pre-registration for the NFT sale on INNO Platform […]

Firms behind fall-detection tech, AI-facilitated education among start-ups entering Vietnam

SINGAPORE – Former A*Star engineer Tan Yeow Kee set out to develop fall-detection technology when his mother-in-law fell from her bed in 2019 while hospitalised for an operation. Her fall, which was discovered only after 30 minutes, caused a back injury requiring rehabilitation that stretched her hospital stay from one week to several months. Mr […]

Brokers maintain ‘buy’ call on ComfortDelGro despite STI exit

SINGAPORE – Analysts on Friday reiterated their “buy” calls on ComfortDelGro, citing rising ridership of public transport and decent dividend payouts. This is despite the stock being dropped as a component of Singapore’s Straits Times Index (STI) for falling below the top 30 listed companies by market capitalisation and liquidity on the bourse. ComfortDelGro was replaced by […]

ComfortDelGro dropped from STI, replaced by liquor giant Emperador

SINGAPORE – Transport company ComfortDelGro has been dropped from Singapore’s Straits Times Index (STI) and replaced by recently listed Emperador in the September review of the benchmark index. The change to the STI, which tracks the performance of the 30 largest and most liquid companies listed on the Singapore Exchange (SGX), will take effect on […]

MAS regulation should not be seen as safety net for retail crypto investors

SINGAPORE – The recent crypto market turmoil which claimed US$2 trillion (S$2.8 trillion) in market value and drove investors into panic-selling mode has since forced some crypto firms to halt withdrawals and seek protection from the Singapore courts. Retail investors are now crying foul against these firms for suspending their crypto assets, with some calling […]

BNY Mellon US Municipal Infrastructure Debt Fund: An investment that investors could consider in turbulent markets

Interest rate hikes and geopolitical tensions have caused great market volatility. However, thanks to high credit ratings and low correlation with other asset classes, US municipal bonds could potentially offer investors a way to mitigate risk and sail through the current turbulent times. US municipal infrastructure bonds are issued by US states, cities or local […]