Singapore
Services sector's business outlook recovers in Q2
One in 5 firms in the services sector is optimistic about business conditions in 2018.
Precision engineering firms lead optimism in manufacturing sector
About 39% of them expect better business conditions, compared to 13% of firms overall.
Dexecure nabs $1m in seed funding from Cocoon Capital to speed up the Internet
The startup optimises websites across devices to achieve up to 40% faster loading time.
Oxley Q3 profits crashed 33% to $30.56m
It warned that it could be hit by political and economic policies, along with rising interest rates.
Raffles Medical profits up 1.7% to $15.81m in Q1
It cited higher revenue from its healthcare services and hospital services.
UIC profits up 1% to $60.24m in Q1
It was saved by higher revenue from its information technology operations.
Manulife US REIT Q1 NPI up 54% to US$19.65m
It cited higher income contribution from the Plaza and Exchange.
Tuas Bay Close industrial site sold for $29.85m
Soilbuild Group Holdings won against one other bidder.
Import prices up 1.4% in March
This was bolstered by oil prices, which climbed 13.3%.
Private home prices up 3.9% in Q1 as foreigners scramble for good deals
Malaysian and Chinese SPRs expressed willingness to shell out more to score good home buys.
DBS profits up 26% to $1.52b in Q1
Net interest margin rose 9 bps due to a strong Singapore dollar.
Singapore Business Review opens nominations for the second Made in Singapore Awards and Designed in Singapore Awards 2018
Nominations will close on 6 July 2018.
A new digital model for the rising millennial business traveller
Adoption of new robust digital travel expense and compliance models goes a long way, not only for the rising modern business traveller but also your business
Daily Briefing: Singapore PM is still worried over US-China trade tensions; Noble moves meeting date for restructuring
And here's the Singapore central bank's forecast on the economy amidst rising tensions.
Chart of the Day: New F&B firms are sprouting amidst weak industry
Employment and property occupancy in the two sectors has been declining since 2015.
Daily Markets Briefing: STI up 0.2%
Expect muted gains today.
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