In Focus

Hyflux woes see no end as PUB warns takeover of Tuaspring plant

Tuaspring struggled to keep the plant ‘reliably operational’ to deliver the required desalinated water.

Singapore PMI down 0.3 point to 50.4 in February

It hit the sixth month of decline due to slower growth in new orders, exports, and factory output.

Are retail rents bottoming out?

Rents fell 1% in 2018, marking a slowdown from the 4.7% and 8.3% declines for 2017 and 2016.

Singapore revamps development charge rates

The rates for commercial and hotel/hospital properties rose 45.6% on average.

Bad loans haunt Singapore banks as asset quality risks mount

The non-performing loan formation of OCBC and UOB rose by 137bp and 94bp respectively in Q4.

Singapore fintech investments rose two-fold to US$365m in 2018

US$102.2m of the total funds raised went to lending fintech companies such as the homegrown Funding Societies.

Grade A CBD office rents inched up 9.5% in 2018

Marina Bay saw the largest rental increase at 17.1%.

60 projects to boost home sales in 2019

Overall sales could hit 19,000-22,000 units.

Cash and cheques still account for 40% of Singapore payments

Hawker centres, food courts and wet markets remain heavily dependent on cash.

CapitaLand profits jumped 12.3% to $1.76b in 2018

It gained higher contributions from its retail, commercial, and lodging businesses in Singapore and China.

Everything you need to know about the Big 4's reactions to Budget 2019

Find out what EY, Deloitte, KPMG, and PwC have to say about the Budget.

Singapore Budget 2019 Full Coverage: GST going to 9%, duty free booze allowance cut, $1.1b bicentennial bonus

The budget surplus for 2019 hit $2.1b, a carbon tax will be implemented, and a $3.1b fund for CareShield has been declared.

Deliveroo targets nearly 10,000 restaurants in bid for foodtech supremacy

The food delivery firm is beefing up its logistics network by adding 5,000 restaurant partners and 2,000 riders.

Here are the top spots for Singapore's upscale HDB flats

There are 758 units in Queenstown that will be up for resale as their minimum occupation period expires soon.

Singapore's electric vehicle ambitions receive boost as Dyson enters fray

The British manufacturer is aiming to roll out an EV model by 2021.

Joining the expat's nook: Takeup rate of locals rise in co-living spaces

Ascott is set to lure such tenants with their co-living projects set for opening by 2020 and 2021.