Singapore

China and India renewable power use to explode over next decade

Renewables capacity expansion in China and India will serve as strong tailwinds.

SBS Transit to operate 18 Bukit Merah bus services

It plans to place a driving behaviour monitor on about 330 buses in the package.

MAS approves third derivatives exchange

APEX plans to launch trading in Q2 2018 and started to admit trading and clearing members.

CapitaLand's $4.9 bn Chongqing Skybridge to open in 2019

It will link six towers of Raffles City Chongqing.

Budget spurs Singapore firms to upskill for New Economy

Singapore’s hard-fought economic transformation is dependent on the ability of its enterprises and people, to learn, unlearn and relearn new capabilities and skillsets.

$478m luxury hotel slated for Singtel Hill Street site

Local developer EL Development paid $118m for the property.

Noble sells marketing and offtake deal for $13.32m

It is expected to lose $8.96m as the asset was underpriced.

Chart of the Day: Upcoming office supply to plunge in 4 years

This is a positive for rents, which could improve gradually as supply for space is squeezed.

Genting Q4 profits fell 29% to $133.99m

But its revenue rose thanks to the strong performance of its leisure and hospitality segment.

Nearly half of home buyers anxious about price hikes this year

This is the top frustration of those that won’t buy new homes soon.

Savills tenders 2F Gerald Crescent for over $35m

It can accommodate 11 landed houses comprising two detached houses, a pair of semi-detached and seven terraces.

Otto Marine floundering under $1.16b debt pile

It is one of several oil & gas firms still struggling to float after a plunge in crude prices caused contracts to dry up.

Accommodation prices were 5.3% cheaper in January

Service & Conservancy Charges (S&CC) rebates were given to HDB households in January 2018.