Singapore
New accounting standards pose risks to Singapore banks' profitability
New accounting standards pose risks to Singapore banks' profitability
Lenders face higher credit reserve requirement under the FRS109.
Perennial Real Estate Holdings to develop 1,700-unit Indonesian site for $153.4m
It bought a 60% stake in the site for $21m.
Government pushes $50-$70 wage hikes for minimum pay workers
Firms that hit productivity quotas were also urged to give bonuses worth $300-$600.
Chart of the Day: Health and beauty stores buck non-grocery decline trend
Their five-year sales from 2012 to 2017 grew 2.5%.
Daily Markets Briefing: STI down 0.46%
Don't expect gains today.
Daily Briefing: Singapore to return 1MDB funds; 5 best-performing real estate firms gained 7%
And Singapore's JustCo is looking to buy firms to achieve its goal of 100 centres by 2020.
SATS struggles with lost licence incentives in 2018
Licence fee incentives for Changi Airport have already expired in March 2017.
S-REITs raised $4b YTD amidst acquisition fever
But large deals are expected to be rarer and reduce yields to at least 3%.
MSCI Singapore index to drop StarHub
It was replaced by Venture as its returns jumped 6.1%.
ST Marine ties up with Tuas Power to maintain desalination plant
The two had previously won the tender to build the plant on Jurong Island.
Half of travel managers in APAC expect more business travelers in 2018
Some are worried over the negative effects of geopolitical events on the economy.
Fraud incidents from unlicensed online trading jumped 255% in 2017
Singapore's police and central bank issued a new warning against unregulated online trading.
Customs to rush process for Australia-bound exports
There will be lesser documentary and cargo inspections.
UOB rolls out monthly ‘digital clinics' to help businesses digitise
Tech experts will provide companies with tailored digital strategies to improve productivity.
CPF scheme funds lost 1.65% in Q1
They were hit by geopolitical uncertainty stemming from US-China trade tensions.
Sembcorp buys UK's biggest flexible distributed energy generator for $385m
It powers 32 projects across England and Wales.
New underground substation to free up 3-hectare developer land
Singapore unveiled plans to build a 230kV substation at Pasir Panjang.
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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’
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