Singapore
Singapore revamps development charge rates
Singapore revamps development charge rates
The rates for commercial and hotel/hospital properties rose 45.6% on average.
Chart of the Day: Singapore's big three banks' CET1 ratios hit 14% in 2018
DBS and OCBC’s CET1 ratios rose YoY, whilst UOB’s declined due to faster loan growth.
Daily Markets Briefing: STI down 1.15%
Don't expect gains today.
China Taiping Insurance Singapore targets the super-rich in new product
'Infinite Harvest' guarantees 100% capital from the 10th policy anniversary.
M1 to delist after Keppel buyout
Keppel and SPH now controls 91.15% of M1's shares.
Yanlord Land Group's profits plummeted 78% to $240m in Q4
Declines in GFA and ASPs as a result of its product shake up were to blame.
Jardine Cycle & Carriage saw profits plunge by 55% to $566m in FY18
Non-current investments impacted the group’s profits.
Horrible bosses? 1 in 3 Singaporeans are not satisfied with work-life balance due to inflexible managers
For 73%, a work-life balance means no work on weekends, whilst for 69%, it meant being able to leave work on time everyday.
Poll: 67% of Singapore and Hong Kong investors plan to invest in Chinese onshore bonds in 2019
Sentiment was driven by the upcoming Bloomberg Barclays Global Aggregate Index inclusion in April 2019.
Olam's FY2018 profits plummeted 40.1% to $347.87b
It had a large exceptional $149.4m gain recorded in 2017 primarily from the sale of its 50% stake in FEA.
CPFIS-included funds hammered by losses in Q42018
As of December 2018, CPFIS-included funds posted a negative return of 7.91% on average.
Daily Briefing: Singtel, Axiata team up to launch digital wallet in Malaysia; Fintech firm Rely scores undisclosed investment from a Singaporean family office
And healthcare company DocDoc secures investment from Hong Kong’s Cyberport Macro Fund (CMF).
Daily Markets Briefing: STI down 0.36%
Expect muted gains today.
Chart of the Day: Home resales could hit 9,000-10,000 in 2019
Due to the launch of 60 projects this year, buyers could seek new home sales over resales.
SGX derivatives break volume record with China futures
Derivatives' single-day volume hit 2,872,861 lots on 25 February.
UOL profits crashed 51% to $433.72m in FY2018
It was hit by lower development profits, which was offset by higher UOB dividend income.
Business receipts climbed 4.1% in Q4 2018
The infocomm segment’s business receipts led the growth and jumped 7.2%.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation