Singapore
Export-dependent SMEs fare the worst as 2017 profits nosedive 53.8%
Export-dependent SMEs fare the worst as 2017 profits nosedive 53.8%
The manufacturing slowdown and higher operating costs derailed its growth.
Home vacancy rates breach 8% as owners hope to cash in on sale frenzy
Developers and property owners are selling their homes with the hopes of scoring a bargain.
STI dividends could soar 29% to $20.9b in 2018: IHS Markit
The banking, telecommunication, and real estate sectors are expected to contribute $13.5b to the total.
Local employment nearly doubled in 2017 as economy improved: MoM
But job-skills mismatch continues to be a challenge due to ongoing economic restructuring.
Private home sales crashed 28% to 377 units in February
Most developers are timing their project launches, preferring to wait after the Lunar New Year festivities.
Insurance firms' underwriting profits plunged 58.53% to $107m in 2017
For the first time since 2010, the motor insurance segment generated an underwriting loss, losing $27.2m in 2017.
Small businesses' growth in Singapore is the worst in Asia
Only 47.5% think they grew in 2017, significantly lower than the 68.5% average in the Asia Pacific.
Noble paid US$20m to keep senior staff in US oil unit
In their breakdown, there was a lump sum payment of $3.8m and a loan written off for $3.82m.
Singtel's Amobee Group buys 10 Amobee shares for $472.52m
It raised Amobee's share capital to over a billion at $1.2b.
AI Singapore to host training based on Intel's AI programme for free
It aims to train around 2,000 students and developers in the next three years.
Minbu Villa up for en bloc sale at $145.8m
The 10-storey freehold can be redeveloped up to 36 storeys with a floor area of 9,995.72 sqm.
Daily Briefing: Singapore probes firms that sold luxury goods to North Korea; UOB is on a hiring spree
And this popular Singapore mall is attempting an en bloc sale for $1.1b.
Daily Markets Briefing: STI down 0.4%
Rising fears of a trade war could weigh local outlook today.
Chart of the Day: Home sub-sales hit 11-year low in 2017
The number of speculative activities has receded over the years.
1 in 5 fintech firms think Singapore doesn't attract enough venture capital
These companies rely on Singapore to attract funds that will allow risk-taking.
Can Perennial revive the ageing Capitol?
An analyst thinks the property could be valued at $1.143b but only if PREH works hard to revive it.
Brace for Netlink NBN's network dominance
It’s the only fibre network operating 76,000 km of fibre cable, which has nationwide coverage.
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