Singapore

ST Engineering tests pollution-filtering bus stop

ST Engineering tests pollution-filtering bus stop

It will test the bus stop for 12 months in front of Dhoby Ghaut MRT Station from March 2018.

SGX partners with fintech firm to launch cloud network for listed companies

Companies will be soon be able to communicate with analysts and investors, monitor sentiment, and compare industry performance.

Eunos Mansion sold en bloc for $220m

The owners of its two penthouses will receive $3.55m and $4.7m.

Noble fails to pay US$750m bond coupons

Senior creditors advised it to wait for the final terms of its debt restructuring plan.

OCBC could gain $608m after Great Eastern Malaysia sale

Analysts also expect a special dividend should it sell 30% of its stake.

Goldilocks backs SGX's compliance order on Noble

But others are sceptical of an independent advisor’s impact on the deal.

Chart of the Day: See how the hospitality industry weakened over the past 12 years

Negative changes in revenue per available room at started in 2013.

210-unit Goodluck Garden sold en bloc for $610m

It lured high bids due to the absence of development charges.

SIIC Environment eyes dual listing in SEHK

It expects to start share trading on 23 March 2018.

First Resources beats trending decline in fresh fruit bunches growth

Other companies registered drops in FFB production ranging from -1.0% to -16.7%.

Singapore paves the way for legal finance in Asia

It has been a year since Singapore took the landmark step of allowing legal finance for arbitration, bringing the country into line with the US, UK, Australia and numerous other leading centres of dispute resolution. Singapore took the prize for being the first Asian country to open up to legal finance. The Lion City is now in a highly competitive position to allow its users of arbitration to enjoy significantly lower legal costs to pursue meritorious cases, as well as improve their balance sheets and legal budgets. Following Singapore’s lead, countries and corporations across Asia are exploring how they too can enjoy the benefits of this innovative financial service.

Hotel room supply to increase 1.2% in 2018

Upscale and Mid-Tier hotels clocked a +0.1% revenue per available room (RevPAR) increase in 2017.

7 in 10 businesses unprepared for cloud service outage: survey

They are also unaware of the cost of cloud service interruption.

Hongkong Land 2017 profits up 14% to $1.28b

They were boosted by higher rental income and development profits from China.

Mobile-social madness: How retailers can target millennial shoppers in Singapore

With a high rate of mobile penetration and the proliferation of e-commerce sites in Singapore, more and more millennials are buying online. According to We Are Social, 59 percent of Singaporeans have made purchase online while 39 percent have purchased a product or service on their mobile devices in 2017.