Singapore

SATS Q1 profits up 11.5% to $63.9m

SATS Q1 profits up 11.5% to $63.9m

Its revenue for both food solutions and gateway services grew.

Director fined $57,000 for 38 Companies Act charges

He failed to hold the annual general meeting and file annual returns for 19 firms.

Singapore is the seventh most sought-after city for global workers

Local businessmen think that tax and cost of living could make workers think twice about moving to the Lion City.

Online hiring in Singapore up 3% in May

The BFSI sector saw a 19% growth in e-hiring activities.

Four Tessensohn Road shophouses up for sale at $25m

Buyers can redevelop the property into a mixed-use retail-home project.

HDB gears up for ‘greener' projects

They will adopt the Biophilic Town Framework progressively from July.

SGX to expand clearing houses' management powers during defaults

It wants to auction clearing members’ positions in derivatives if they ever default.

Manufacturing and services slowdown could hurt Singapore economy

Global electronics demand have been hit by the US-China trade war.

ComfortDelGro to test 2 fully-electric taxis that charge for 30 minutes

It aims to bring costs down to a third of the price of diesel.

Keppel T&T Q2 profits jumped 137.8% to $25.96m

It gained from a dilution of its interest in an associated company.

Singapore signs revised trans-pacific trade deal

It is the third of 11 countries to ratify the deal with revised rules on e-commerce.

UOB invests in Israel-based fintech firm to develop AI solutions

They will use Personetics' tools to understand customer behaviour and aid them in their financial decisions.

Property curbs will only hit banks hard by 2019

Lenders have one more year of relief amidst previous approvals they drew down.

CapitaLand Commercial Trust's revenue up 9.8% to $194.43m in H1 2018

The value of its total investment properties rose 6.7% to $10.6b after acquiring Gallileo.

Keppel Infrastructure Trust sinks into the red with $4.04m loss in Q2

Basslink suffered from a two-month outage and contractual issues with the State of Tasmania.

Epicentre of the East: How Singapore is transforming trade with blockchain

Globalisation has undoubtedly bolstered positive economic growth, but the world’s increasing interconnectivity is coming at a high price. Amidst heightened efficiency requirements and stringent quality standards, many companies are struggling to adequately finance their supply chain operations to meet the growing global demand. As one of the world’s most innovative and technology-forward countries, Singapore is leading the charge in exploring how blockchain, the same technology underpinning cryptocurrencies like bitcoin, can streamline burdensome supply chain processes and breathe new life into the commercial ecosystem.