In Focus

Banks face risk of rising credit costs as bad assets mount

Net new NPA formation for all three banks rose in Q2, higher than FY18 quarterly averages.

Ultra-rich foreigners scramble for luxury homes in Singapore

The purchase of two luxury homes by British billionaire James Dyson may just be a sign of more big-ticket purchases to come.

Flextime, unlimited vacation days on the cards amidst sluggish salary growth

Technology firms are scrambling to upgrade their perks programmes to include parental leaves, free meals, and hiring package upgrades, consequently becoming companies of choice for half of candidates.

Bitcoin bother puts crypto platform on trial

Singapore International Commercial Court decided that cryptocurrencies are properties traded with trust.

Strata-titled retail units sales skyrocket 105% to $130.6m in Q2: Knight Frank

63 strata-titled retail transactions were lodged in Q2, up 50%.

Household incomes up 2.4% to $11,780 in 2017-2018

An average of $4,910 a month is spent on goods and services.

Singapore's hotel RevPar hits $185 in H1

The luxury segment drove most of the half-year gains.

Can air taxis take flight in Singapore's skies?

Passenger air vehicles are having trouble taking off because of the city’s good traffic conditions and regulations.

Beyond Japan: Sompo Holdings Asia's journey towards a sturdy retail platform

The insurer seeks to build and reinforce brand awareness for direct consumers in key Asia Pacific markets.

Banks' loan growth could hit 5% by end-2019

A slew of enbloc and infrastructure projects will boost lending activities.

Singapore is expats' top pick for relocation: study

Healthcare and tech sectors are the most desirable industries, according to respondents.

How The Great Room is riding on Asia's co-working wave

It targets established, value-sensitive corporates that make up the fastest growing segment in Asia.

Love, Bonito to open largest physical store in Funan

The shop will have instagrammable spots, an express e-commerce counter, and on-demand stylists.

Digital consumers power up Singapore's big three banks

 DBS and OCBC generate twice or thice as much revenue from digital retail and SME customers than traditional customers, on average.

Retail property investment sales jumped 52% to $961m in Q2

Chinatown Point was sold for $520m or $2,450 psf NLA.