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The Singapore FinTech Association (SFA) has introduced a voluntary code of conduct for payment service providers (PSPs). This sets new industry standards intended to bolster transparency, protect consumers, and build trust within the Singaporean payments…
Trust Bank is stepping into a new territory with the introduction of a trading platform for US stocks and exchange-traded funds (ETFs). This development makes Trust Bank the first in Singapore to offer fractional trading, thus offering everyday investors an…
The Financial Times reports today that complaints made by music streamer Spotify against Apple will be investigated by the EU competition commission. The issue is the 30% cut of revenue that Apple charges apps in the App Store for using its payment system.…
CapitaLand Retail China Trust (CRCT) and CapitaLand today announced that their respective subsidiary and associate have entered into an agreement to divest their combined 100% interests in a company, which owns CapitaMall Wuhu, to an unrelated third party.…
New Zealanders trust their employers significantly more than they trust the government, NGOs, business or the media, according to the 2019 Acumen Edelman Trust Barometer. According to the report, “my employer” was more trusted (74 per cent) than government…
In a third quarter of mixed results, CapitaLand Malaysia Mall Trust (CMMT) saw its net property income fall 2.2 per cent year on year to RM60.1 million (US$14.1 million). East Coast Mall and Gurney Plaza turned in stronger performances to partially mitigate…
Singapore Exchange (SGX) welcomed Dasin Retail Trust to Mainboard under the stock code “CEDU”. Dasin Retail Trust is the first SGX-listed China retail property trust providing direct exposure to the fast-growing Pearl River Delta region. Dasin Retail Trust’s…
With its uniquely young population, the lack of big-box retail and unmatched digital adoption rates, Southeast Asia’s e-commerce market is growing much faster than the global rate. A report by Google and Singapore investment company Temasek forecasts that the…
CapitaLand Mall Trust (CMT) is poised to dominate the retail REIT scene in 2016, with positive rental reversions and increased tourist arrivals playing to its favour. According to a report by RHB, CMT is likely to enjoy mid single-digit (about 5%) positive…
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