Singapore
Transport management startup VersaFleet raises $2.8m in pre series A funding
Transport management startup VersaFleet raises $2.8m in pre series A funding
It automates delivery and pickup tasks for nearly 100 companies.
Private home sales soared 68.1% to 1,325 units in April
Rivercove Residences sold 512 units and bolstered this month's sales figure.
OUE's exposure to mutual fund screwed Q1 profits
The company, which lost $8.13m from the fund, said it is subject to market volatility.
The omni-channel customer
Technology has changed the way retail is presented to its customers, so what do brands need to do to keep their customers happy?
Fernhill Court up for en bloc sale at $125m
A luxury boutique development with 90 new homes can be created out of the property.
First Resources Q1 profit crashed 42.8% to US$27.73m
It was hit by the effects of inventory build-up and lower average selling prices.
Yanlord Land Group Q1 profits down 15% to $167.81m
Revenue, however, was boosted by higher average selling price.
Golden Agri Resources Q1 profit slumped 68.4% to US$11.85m
It was hit by lower production output and softer crude palm oil prices.
Automotive marketplace Carro drives away with $60m in Series B funding
The funding will be used to strengthen its presence in emerging markets.
Chart of the Day: Online shopping to grow 13.6% over 2018 to 2022
It is poised to beat store-based shopping, which is only projected to grow 1.5%.
Daily Markets Briefing: STI down 0.22%
Expect some gains today.
Daily Briefing: DBS clashes against China's fintech titans; Temasek injects US$20m in bioengineering firm Medisix
And here's why an NUS professor called the launch of Tengah flats bluff.
ST Aerospace's joint venture firm shaves off $7m of capital
Keystone Holdings expects this to improve Return on Equity and liquidity management.
Singapore's ultra wealthy lured to shophouses despite lower yields
Rental yields for some shophouses have compressed over the years and average 2.5-2.7% now.
Finding the silver lining: Ageing population puts heat on senior housing plans
Developers could look at Western housing models for Singapore's silver-haired generation.
Wine market could grow to US$1.4b in 2021
A forecast shows that it could be boosted by still wine, followed by sparkling and fortified wines.
Commercial site Goldhill Shopping Centre up for en bloc sale at $425m
It has 3 blocks of walk-up commercial units with those in the ground floor used as retail shops.
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