Singapore
SBS Transit's full-year profits leap 50.3% to $47.13m
SBS Transit's full-year profits leap 50.3% to $47.13m
Revenue from public transport services rose 9.8% to $1.14b.
Singtel to roll out 1Gbps mobile peak speed
Users can enjoy up to 20% faster mobile broadband speed starting 2H2018.
Singapore tourists splurged $26.8b in 2017
Tourists from China, US, and UK were the biggest spenders.
Expect 8,000 new public transport jobs by 2030
Singapore is expanding its public bus and rail system.
Asia Pacific's real estate investments rose 6% to US$157.5b in 2017
Top markets were China, Japan and Australia.
UOB-backed accelerator to match tech firms with eight SMEs
The SMEs will be chosen from the retail and logistics industries.
Singapore inks open skies agreement with Kiribati
Flights will not be restricted based on capacity, frequency, aircraft type, and routing.
URA to tighten licence rules for non-resident developers
Developers will be required to open and maintain a bank account solely for the project.
DBS forms new team to help F&B firms expanding abroad
It will help them understand the rental, manpower, and taxation of their target market.
Singapore's real estate investments rose 50% to US$15b
Large en bloc deals drove growth last year.
Retail sales up by 4.6% to $4.3b in December
It is pushed by sales growth on motor vehicles and computers.
LTA to allot $25m for testing advanced transportation tech
It is also exploring the use of automation and autonomous vehicles in the transport system.
9 in 10 firms unprepared to protect their data
Even if 70% of bosses are worried about data privacy compliance.
APAC fintech market to reach US$72b by 2020
Increasing use of digital payments will fuel the growth.
5 in 10 ASEAN SMEs expect revenue growth this year
26% projects a double-digit growth.
Frasers Hospitality to expand units to 30,000 by 2019
This could boost FPL’s growth for the year.
6 in 10 SMEs prioritise tech investments over fixed assets
Software to improve websites and develop mobile app are on top of the list.
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