ECONOMY | Staff Reporter, Singapore

Daily Briefing: How to spot good capex; Traders get lunch break back

And here are seven developments in Singapore's fintech sector.

From The Motley Fool:

A company needs to spend money to grow. That is why at the beginning stage of a company, it might have to endure many years of negative cash flow. However, not all spending is created equal. Some capital expenditure might be well spent to ensure that the company is still competitive in the future and yet, some capital expenditure might just be like throwing money into the sea.

As an investor, how can we differentiate the two? Here is a simple way.

Read more here.

From ZUU Online via Yahoo! Finance:

Singapore is slowly becoming a financial technology hub. The country has emerged as a worthy competitor to the likes of London when it comes to drawing intellectual and funding capital. Efforts by the Monetary Authority of Singapore – geared towards enhancing new technology and innovation – has helped the country zip into the pole position in the Fintech space.

Read more here.

From Bloomberg Finance:

Imagine not having a lunch break for 6 1/2 years. For stockbrokers in Singapore, that’s about to end.

Starting Monday, some 3,000 of them will be able to step out for an hour from noon for a midday trading intermission, taking a break at the same time as their counterparts in Hong Kong, though for a shorter period than the 90 minutes enjoyed by traders in Malaysia, the Philippines and mainland China. The region’s longest lunch is the two-hour pause in Thailand.

Read more here.

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