Singapore

Chart of the Day: Government spending dipped by 2% to $53.7b in 2017

Operating expenses rose by 7% due to social spending.

Analysts cautiously raise GDP growth forecast for 2018

This is after Singapore GDP growth slowed down to 3.6% in Q4.

SIA's passenger load factor dips 0.1 ppt to 81.1% in January

It is balancing yields against loads amidst price pressures.

Cairnhill Mansion sold en bloc for $362m

It will be redeveloped to yield 200 units.

Singapore banks' profits soar by 27% in Q4

DBS, OCBC, and UOB made a whopping $11.9b in 2017.

Developers to sell up to 12,600 units in 2018

This will be driven by higher project launches from government land sales and collective sales.

Private home sales grew 37% to 522 units in January

But total units sold were lower than the average monthly figure.

ComfortDelGro rides on public transport to buoy revenue growth

The Seletar bus package's contributions will kick in starting March.

Singapore and Egypt ink fintech cooperation deal

This will allow both to study regulatory regimes.

Pearl Bank Apartments redevelopment could break Wallich Residences' dominance

CapitaLand plans to build a new 800-unit residential on site.

Ramco Systems And XinFin to develop hybrid blockchain solution

It will cover three industries: logistics, aviation, and HR.

Can CapitaLand push its dividends higher?

It has unrecognised revenue worth $3.8b from China and Vietnam.

Speech analytics adoption in SEA surges to 90%

Discovering the root cause of customer frustration drives implementation.

UOB's Q4 profit rose by 16% to $855m

Net earnings for 2017 grew by 9% to $3.39b.

Oil trade heats up amidst price hikes

Its 36% growth reversed the 18% decline in 2016.