Daily Briefing: DBS hopes to ride the millennial wave; The good and the bad with ST Engineering's earnings report

And check out these tips on where best to buy a property in Singapore.

From CNBC via Yahoo!: Singapore-based bank DBS is hoping an aquatic event can help it ride the millennial wave. The bank is marketing directly to that generation — often defined as those aged 18 to 35 — for a regatta this Thursday to Sunday in downtown Singapore . What began as a dragon boating event in 2013 is now firmly geared toward millennials, featuring the country's largest inflatable obstacle course, a 21,000 square foot "pop-up" urban beach, yoga workout sessions and a mass drone light display show.

From Motley Fool Singapore: Singapore Technologies Engineering Ltd is a large engineering conglomerate with four main business segments, namely, Aerospace, Electronics, Land Systems, and Marine. The company recently reported its 2017 first quarter results. There are both positive and negative takeaways from the announcement that investors may want to learn about. Firstly, ST Engineering’s operating profit margin expanded in the first quarter of 2017, up from 6.0% a year ago to 7.6%. Secondly, the company ended the first quarter of 2017 with a stronger balance sheet compared to the first quarter of 2016.

From Zuu Online via Yahoo!: Singapore is widely acknowledged as an economic powerhouse and one of the world’s leading financial centres. Many global companies have their regional headquarters here. The country has an educated and technically qualified workforce, making it the first choice for startups and for established firms that need skilled workers. All these factors have contributed to boosting the nation’s real estate prices. Although the last few years have seen gradually declining property values, Singapore remains an attractive destination for real estate investments.

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