Singapore
Cache portfolio occupancy declines by 0.7% in 4Q17
Cache portfolio occupancy declines by 0.7% in 4Q17
Mainly because of a tenant vacating DC 2.
UberFlash can lower taxi idling rate of c.5%: CIMB
Despite UberFlash being priced lower than CD’s current base fare of S$3.20 to S$3.90.
Request for transparency for CACHE's $1.9m tax from IRAS
CIMB also expects CACHE to distribute the amount over the four quarters of FY18.
SGX profits inch up 0.1% to $88.35m in Q2
There were 289 bond listings raising $103.5b.
SIATP advocates tax incentives in Budget 2018
Introducing tax incentives will help improve Singapore’s economic productivity.
KS Energy extends contract with KS Java Star 2 for $3m
Its shares will remain unaffected.
Global Logistic Properties incorporates 22 subsidiaries in China and Hong Kong
20 of the companies will focus on investment in and development of industrial real estate.
Farnborough Business Park acquisition to strengthen FCT's income
Combined with a $79m fundraising, the accretion of FCT's DPU could reach 1-2% in 2018 to 2019.
Singapore unemployment rate in Q4 to hit 2%: Moody's
The manufacturing sector shed jobs despite the upturn in exports.
Industrial production growth likely fell to 3.4% in December
Moody's said a high base from a year earlier has inhibited gains.
Oxley's profit slumps 45% to $68.24m in Q2
Revenue from the handover of The Royal Wharf plots was recognised after construction.
Venture buys freehold industrial site in California for $39.63m
The property will be used for Venture's collaborations with business partners.
Uber and CDG merge private-hire and taxi fleets in new app
UberFLASH can be subjected to surge pricing.
2017 "a good year" for insurance as premiums kept low
The general insurance rate in 2017 moved between 7.5-12.5%.
Daily Briefing: Hedge fund unit raises $10m for crypto arbitrage fund; Reviewing eight years of budget
And here's the biggest loser in the market which saw its shares slump 2.2%.
Daily Markets Briefing: STI down 0.58%
Expect some bad news today.
Chart of the Day: Number of empty homes expected to hit 11,271 in 2021
The proportion of stock under construction could fall to nearly 20%.
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Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
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Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’