News
Singapore's fintech investments reach record $468.78m in 2018: KPMG
Singapore's fintech investments reach record $468.78m in 2018: KPMG
Blockchain, insurtech and asset management are key priorities.
OCBC profit up 11% to $4.49b in FY18
Net interest income rose 9% to $5.81b.
Genting Singapore FY18 profits jumped 10% to $755.39m
Its average daily visitation reached over 21,000 in Q4.
Daily Markets Briefing: STI down 0.01%
Expect muted gains today.
Daily Briefing: Malaysian foreign minister says port limits issue quicker to fix than water concerns; 199 unlicensed PMDs impounded by LTA
And here’s why Sentosa is a better Bali according to CDL’s executive chairman.
Chart of the Day: Top transport stocks hit 9.7% in YTD total returns
The benchmark STI only hit 6.4% YTD.
Hotel investment deals hit three-year high at $518.7m in 2018
Investors are embracing hotel assets as the residential segment loses luster.
Domestic wholesale trade climbed 16.9% in Q4
Wholesale trade of petroleum products surged 43.2%.
ST Engineering's FY18 profits down 1.7% to $494.24m
It blamed the 39% drop in earnings from its land systems sector.
Keppel O&M unit to buy rig from Mexican driller for US$179m via sale and leaseback
Keppel has previously delivered ten such rigs to Mexico.
CDL's profits edged up 6.7% to $557.33m in 2018
The strong-performing residential segment offset a massive decline in its hospitality business.
Daily Markets Briefing: STI up 0.57%
Expect muted gains today.
Chart of the Day: Average gross rents for prime retail space in Orchard Road edged up 1.5% to $37.80 psf in 2018
This was generally supported by healthy occupancy rates of above 94%.
Daily Briefing: MINDEF to hire 300 cybersecurity experts; Grab unveils pet transport services
And 7 in 10 reported e-commerce scams in 2018 transacted in Carousell.
Haulio's Grab-like app for haulage companies launches in Singapore
Its system will also integrate with a cloud platform for depot operators and freight forwarders by end-2019.
COE premiums close mostly higher in latest bidding exercise
Open category vehicles recorded the highest price increase by $1,357.
Poll: Seven in 10 Singapore executives made business decisions based on inaccurate data
Only 27% of firms agreed they could trust that their finance teams identified all errors to ensure they are reporting accurately.
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