Singapore

Daily Markets Briefing: STI down 1.06%

Daily Markets Briefing: STI down 1.06%

The shifted focus from G-7 to the Trump-Kim summit will maintain a cautious tone today.

What now for Singapore after the postponed Bursa-SGX link?

Malaysia looks to save costs and has put the link under review.

Sentosa hotels welcome high room demand amidst US-North Korea summit

The summit location only has 100 keys, meaning other guests have booked other nearby venues.

ST Engineering Aerospace opens repair facility in Florida

Its US$46m and 173,500-sqft hangar is one of the firm's largest facilities.

Here's how Amazon and Lazada can beat Qoo10's dominance in the e-commerce market

Qoo10 accounts for more than a third (32.6%) of Singapore’s e-commerce market, beating Amazon which only has a measly 11.5%.

Online grocers struggle to make a mark in Singapore

Sales of the largest online grocers only comprised 0.6% of the total retail sales.

Here's why District 19's biggest projects suffered from lower than expected take-up rates

Affinity at Serangoon and The Garden Residences take-up rates played around 10-15%.

Singapore's co-working boom has no end in sight

There are around 110-120 operating flexible workspace centres islandwide, and leasing demand is poised to hit 550,000 square feet in 2018.

Singapore's sole 3-Michelin star resto closes shop

High-end restaurants could be losing popularity.

Asian investment banking fees plunge to four year low after hitting $4.62b in May

However, robust deal-making activity may buoy the sector from its slump.

Cooling measures curbed home prices with ‘some success': S&P Global

The total debt service ratio has frozen credit growth, it said.

Singapore to spend up to $2.6b on ICT projects

Majority of investments are expected to go into SMEs, GovTech said.

GIC and Temasek join Ant Financial's US$14b Series C funding

This will fund its globalisation plan and talent investment in emerging markets.

OCBC loans Wilmar US$200m with sustainability-based interest rate

The interest will be lowered in tiers if the sustainability target is met.

Here's why ditching Lion City Rentals is a boon for ComfortDelGro

It frees up $295m that can be used for other productive acquisitions.