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.

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.

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%.