Singapore
89-unit Kemaman Point up for en bloc sale at $143.8m
89-unit Kemaman Point up for en bloc sale at $143.8m
Upon redevelopment, the site can offer new 162 units.
StarHub caves under pressure of fierce competition
The telco’s wireless and pay TV business suffered the heat of new telco players in Q1.
Spackman pushes for listing of two Korean subsidiaries
The company is merging Novus Mediacorp and Frame Pictures into a combined entity.
MAS collaborates with three agencies to accelerate AI adoption in finance
The regulatory body has partnered with the EDB, IMDA and IBF.
MAS urges caution amidst intensified phishing attempts
Some emails claim to come from MAS itself.
Keppel DC Reit to buy Kingsland Data Centre for $295.1m
The acquisition aims to cater to multinational demand for data centre space.
OCBC profit up 29% to $1.11b in Q1
Higher income from wealth segment and loan related activities buoyed earnings.
Singapore's top office REITs NPI down 3.4% to $48.5m in 2017
Average gross revenue also edged down 2% to $65m.
Daily Markets Briefing: STI down 0.85%
Expect muted gains today.
Chart of the Day: HDB resale prices down 0.8% in Q1
This marks the fastest quarterly decline in three years.
Daily Briefing: Temasek eyes stake in Indian digital payments startup; LTA to accept license applications from bike-sharing operators
And another Singapore-based blockchain network has breached the US$1b market cap.
Bangladesh-owned power firm injects $17.07m in Sembcorp North-West Power Company
This is funding the ongoing construction of the Sirajganj Unit 4 power plant.
Office rentals dipped 0.6% in Q1
Gross rent for prime office spaces grew 1.3%, causing slower leasing activity.
Can tighter oversight rein in risks in Singapore's booming invoice finance market?
The industry’s unregulated nature renders investors vulnerable as revealed by a massive S$6.9m fraud case.
URA accepts 9 bids for Hillview Rise site
An analyst noted the interest in the site is positive despite technical evaluation requirements.
Private sector PMI climbed 1.9 points to 55.6 in April
It was bolstered by faster rises in output and new orders.
Great Eastern Holdings Q1 profits surged 68% to $152.9m
It attributed the growth to higher profit from its Singapore insurance business.
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