Singapore

Higher fares and reduced subsidies loom as Grab nabs Uber's operations

Analysts believe that being in a monopolistic position, Grab can change fare structures in order to improve profitability.

Trade tensions put heat on MAS tightening

Analysts weigh on whether trade tensions will significantly challenge policy changes or not.

Manufacturing sector is recovering amidst volatility: analysts

But global trade tensions, specifically between the US and China, dampened some of their sentiments.

UOB launches online travel marketplace

The platform uses the APIs of Agoda and Expedia for booking hotels and flights.

Grab extends insurance policy to Uber drivers and riders after acquisition

It is now expecting faster pick-ups due to combined operations.

The Tapestry sold 70% of units during launch

Early bird average selling price for the 315 units sold is $1,310 psf.

Manufacturing output up 8.9% in February

General manufacturing output dipped 6.3% due to fewer production days during the Lunar New Year.

Dairy Farm to buy 18.25% stake in top Philippine retailer for $681.93m

This will add over 1,700 stores under the company’s ownership.

Far East Group sells headquarters for $27m

After the disposal, profits are expected to soar from $655,000 to $22.69m.

Why foreign home buyers prefer Singapore over prime cities' property markets

Homes purchased by non-Singaporeans rose 63% in 2017, thanks to market recovery.

Fintech firm ayondo enters SGX Catalist board

It is the first fintech company to list in Singapore.

Grab acquires Uber's Southeast Asia operations

Uber will hold a 27.5% stake in Grab and have its CEO join the latter’s board.

How Singapore companies can accelerate their digital transformation through a robotisation programme

Today, investors are paying increasing attention on how companies are managing digital disruption. After all, no one wants to invest in the next Blockbuster or Kodak.

Daily Briefing: Uber seals deal to sell SEA operations to Grab; Company openings to boost pharma sector

And CapitaLand joins a global investor to vie for Blackstone’s IT parks in India.

Daily Markets Briefing: STI down 2%

Don’t expect any gains today.

Chart of the Day: Taxi growth recovers amidst rental car declines

The growth of the rental car population dipped below zero in January 2018.