News
foodpanda launches delivery for groceries
foodpanda launches delivery for groceries
The platform is offering free delivery on all shops throughout November.
Singapore corporates lag in environmental sustainability
Only 40% of companies develop environmentally-conscious products.
Chart of the day: Ultra-luxury property rents rose 10.6% in Q3
This reversed two consecutive quarters of decline.
Daily Markets Briefing: STI up 0.34%
DBS led the gains amongst top active stocks with a 1.26% rise.
Daily Briefing: KrisEnergy divests 30% stake in Indonesia O&G block; Reefknot makes maiden investment in AI-firm PROWLER.io
And India-based startup Livspace invests $40.82m to expand in Singapore and APAC.
Frasers Hospitality Trust's Q4 NPI up 2.3% to $30.03m
Thanks to improved portfolio performance.
Job-hopping banking tech talents could command up to 15% raise
They are in hot demand as the city prepares to grant virtual bank licenses.
Singaporeans' average binge-watch time beats global average
Singaporeans spend two hours and 58 minutes binge-watching, 18 minutes longer than the global average.
Ascott REIT's profits up 1% to $65.05m in Q3
This was due to lower revenue from the sale of Ascott Raffles Place Singapore.
Yanlord's UEL takeover at risk of tepid shareholder response
The offer price of $2.60 apiece is lower than the latter’s closing price of $2.62.
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.
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Commentary
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform