News
Raffles Medical Group profits down 15.8% to $13.64m in Q3
Raffles Medical Group profits down 15.8% to $13.64m in Q3
Gestation losses from Raffles Hospital Chongqing dragged down profits.
Chart of the Day: RCR condo prices up 6.3% in Q3
This was boosted by new launches and the government sharing plans for GSW.
Daily Markets Briefing: STI up 0.36%
SGX led the gains amongst top active stocks with a 2.37% rise.
Daily Briefing: Cost blamed for slow take-up of electric cars; Analytics startup Milieu Insight bags $3.27m pre-Series A funding
And fintech startup InstaReM rebrands to Nium.
SATS and Sembcorp ink sustainable energy deal
Sembcorp will install and operate solar panels in several SATS premises.
Sembcorp Marine bags 3D printing licence for construction parts
This will reduce the firm’s waste and dependence on outside procurement.
Temasek-backed ABC World Asia closes initial $385m fund
It is focused on social impact companies in China, and South and Southeast Asia.
Genting shortlisted for Japanese integrated resort bidding
This followed Osaka’s request-for-concept exercise.
FTSE drops 4 firms from ASEAN value stocks index
City Development and UOL were amongst the dropouts.
7 in 10 Singaporeans want jobs with overseas travel
Nearly 4 in 5 are even willing to relocate for the role.
Hiring prospects amongst manufacturers at their worst in a decade
The sector contributed to 21% of total retrenchments in Q3.
Tight vacancies in CBD offices to drive Suntec REIT's gains
Suntec City Office, MBFC, and ORQ could benefit from positive office rental reversions.
M1 could dominate $16b B2B connectivity market with Keppel tie up
The telco aims to boost its subscriber market share and reduce overall opex.
1 in 3 employees worry about ageing's effects on hiring
Nearly a third think age was factored in their salaries.
Chart of the Day: Check out the top condo transactions in Q3
Parc Clematis sold 402 units during the period.
Singapore trails Australia as APAC's most data-ready market
Australia beat the city in terms of people organisation, process, and technology.
Hillview Rise condo hits nearly 50% take-up rate during weekend preview
Units were sold at an average of $1,560 to $1,750 per sqft.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform