Singapore

Brace for more price hikes amidst possible MAS tightening

The MAS could now tighten its policy in 2018 in a bid to ensure that headline inflation remains within its range of 0-1%.

2 in 5 workers will leave their companies in 2018

Besides salary issues, more workers are seeking new career challenges.

90,000 firms to get $800m in payouts from Wage Credit Scheme

SMEs will receive the bulk of the payouts, at around 71% of the sum disbursed.

S-REITs are bottoming out

Investors are “tempted” to invest at lower prices, as yields have inched up by around 50bps to around 6%.

MAS penalises Standard Chartered for money laundering requirement breaches

The breaches occurred when trust accounts were transferred from Guernsey to Singapore.

OCBC unveils $240m purpose-built data centre

The bank is avoiding interdependence on data centre tenancy.

Singapore's big business events put heat on hospitality sector

Hotel players are seeing a higher number of requests for proposals and rates getting firmer.

FairPrice and Grab unveil rewards subscription programme

Members can get a 5% rebate on grocery purchases and 20% discount on Grab rides.

StarHub to sell electricity plans to consumers in April

It will offer consumers two clean energy subscription plans as the power market readies for liberalisation.

GuocoLand joint venture buys Pacific Mansion for $980m

The prime freehold site will be near GuocoLand’s other project Martin Modern.

Keppel completes ownership of Saigon Sports City for $15.1m

It is targeting to launch 620 units in the development by H2 2018.

Daily Markets Briefing: STI down 0.16%

Expect a cautious market as investors await the Fed rate decision.

Chart of the Day: Value of Singapore inbound M&A hits 6-year low

It reached US$516.8m, the slowest start to a year since 2012.

Tougher competition killed small businesses' growth in 2017

More studies suggested that higher costs and mismatched staff are also recurring problems.