In Focus
Cash is still king in Singapore as reluctant elders shun mobile apps
Cash is still king in Singapore as reluctant elders shun mobile apps
Security concerns in using mobile banking apps rose from 34% in 2017 to 41% in 2018.
Could an airport REIT finance Singapore's massive infrastructure ambitions?
Monetising the first three terminals could command market capitalisation near $10b.
17% of the world's ultra-rich want new homes in Singapore
This is despite the 9.1% price growth in the city’s luxury properties.
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.
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