News
Weak profit outlook taints Q2 business sentiment
Weak profit outlook taints Q2 business sentiment
Organisations are least optimistic with new orders and net profits.
About 56.5 hours lost per employee due to technology-related stress
70% of employees said data-overload led to workplace stress.
Condo resale volume stumbled 13.1% in February
Prices also fell 0.8%.
DBS CEO Piyush Gupta's pay rose 2.28% to $12.13m in 2019
The bank’s total income grew 10% for the period.
CH Offshore records losses for third straight year
Loss after income tax narrowed 51.2% to $19.48m in 2019.
Share of women in line management roles declined in 2019
The percentage fell to 38% in 2019 from 45% in 2018.
Card payments market to hit $158b in 2023
Credit cards took the lion’s share in market value at 60% in 2019.
Daily Briefing: Initiatives eyed for HDB green towns; Hiring platform Sama raises US$1.15m in seed round
And a group of restaurants will send food to frontline healthcare workers amidst the outbreak.
Daily Markets Briefing: STI down 6.03%
Keppel Corp saw the sharpest decline amongst top active stocks with a 9.65% contraction.
Chart of the Day: PRs, foreigners bought a total of 970 private residential units in Q4 2019
Top selling project was Parc Esta as it sold 37 units.
Singtel, AIS, SK Telecom raise Series A investment in gaming JV
A gaming and esports business is underway.
Nearly half of SMEs struggle with digitisation's high costs
Businesses stated that they are still unprepared to face common tech risks.
February SDAV up 30% to $1.4b
Total securities market turnover value soared 44% YoY to $27.5b.
Virus crisis to hit Dairy Farm's North Asia earnings
Restaurant earnings fell 30% during the SARS outbreak in 2003.
TPG would lag in 5G race: analyst
The telco may not reach its target EBITDA breakeven revenue of $150m.
Hongkong Land's rental loss could be limited: analyst
It offered rent relief to its retail tenants amidst the COVID-19 outbreak.
Mapletree Investments clinch $310m sustainability loan from OCBC
The interest rate will be reduced should ESG targets be met.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform