News

Daily Briefing: Government cuts private housing stock amidst oversupply; HSBC pumps up Singapore SME banking team

And SP Group and Gardens by the Bay unveiled a project to convert waste to by-products.

Public transport payment via Visa goes live

The project will be one of Visa’s largest implementations for contactless acceptance for transit globally at 30,000 acceptance points.

Retail property sales fell 2.3% in Q1: study

The sales decline in optical goods & books and food retailers dragged it down.

HDB resale prices down 1.2% in May

It also reflected an 18.3% YoY jump from 1,754 units resold.

Six more firms join SGX watchlist

All failed to have a volume-weighted average price of at least $0.20 per share.

ComfortDelGro invests $136.6m in three tech startups

These startups are SWAT, Haulio and Israel-based Foretellix.

Singtel unveils moveable unmanned 24/7 pop-up store

A roving live bot provides personalised phone and plan recommendations.

Daily Briefing: Temasek and Tencent invest $47.8m in London-based fintech; GIC raises stake in Julius Baer

And Credit Counselling Singapore has launched programme to help cash-strapped SMEs.

Chart of the Day: Office rents rose 1.5% in Q1

Rents in Beach Road/Middle Road saw the highest increase at 3.1%.

Online hiring for telecom and BPO roles up 39% in April

However, Singapore was outpaced by Malaysia with a 43% growth in online recruitment.

Singapore GDP to lag ASEAN peers in 2019: ICAEW

Economic growth is expected to decline to 1.9% from 3.1% in 2018.

Malaysia hospital developments could uplift IHH earnings

It is also beginning to reap better contributions from Fortis.

Keppel O&M associate to merge with European semi-submersible vessel operator

Prosafe will acquire all of the ordinary shares in the capital of Floatel based on a 55:45 exchange ratio.

Singapore Press Holdings arm secures $354.93m loan

It will be used to partially repay its borrowings for its UK student accommodation acquisitions.