News

COE prices close mostly higher in latest bidding exercise

Open vehicles under Category E saw the highest increase of $3,380.

Chart Of The Day: PMETs account for 52.7% of job vacancies in 2018

Overall, one in three vacancies were unfilled for six months or more.This chart from the Ministry of Manpower shows that professionals, managers, executives & technicians’ (PMET) share of all job vacancies trended higher in 2018 at 52.7% in 2018 from 48.5% in 2017.

MAS slapped $16.8m in penalties on 42 financial firms in the last 18 months: report

Other enforcement actions included 19 prohibition orders, $698,000 in civil penalties and 223 warnings.

Dairy Farm's profits may edge up 11% over the next three years: analyst

Growth could be driven by higher contributions from its health & beauty division and associates.

Inside Deliveroo's futuristic food market

The site features a fully-automated ordering experience and 40-seater dine-in space.

Oxley terminates LOI for $950m sale of Mercure and Novotel hotels

Its purchaser Gracious Land failed to make its subsequent 4% consideration deposit of $38m.

Chart of the Day: Singapore's VC investments hit $6.65b in 2018

VC investment activity stands at $174.3b (US$129b) in Asia.

Grab ventures into SME lending and micro-insurance

One product is a post-paid and installment payment service called Pay Later.

Mortgage recovery looms for UOB as residential market stabilises

Mortgages will grow to mid-single-digit in 2019 from 4.3% in 2018.

Hong Kong and Paris squeeze into Singapore's throne as costliest city globally

Singapore and Hong Kong are 7% more expensive than New York.

Sheng Siong's new-store strategy may fall flat as consumer sentiment sours: analyst

It opened 10 new stores in 2018, the highest figure since 2012.

Global 737 MAX plane grounding could delay SilkAir's merger with SIA

The airline is expected to receive 13 737 MAX plane deliveries over the next five years.