News
Singapore sheds household debt as housing market slows: HSBC
Singapore sheds household debt as housing market slows: HSBC
Household debt as a share of Singapore’s GDP already fell below the 70% mark.
Hyflux deadline to ink Utico deal extended to August 26
This is reportedly to account for the number of public holidays in August.
Genting Singapore profits dipped 5% to $373.6m in H1
This was partly due to slower mass gaming business.
PMI climbs 0.2 point to 49.8 in July
A marginal expansion of new orders and factory output drove the recovery.
Chart of the Day: Residential listings under mortgagee sales rocketed 97.8% in Q2
Volatile markets and steep interest rates pushed up quarterly listings.
Daily Briefing: Automotive marketplace Carro raises $124.6m in Series B round; Belmont Road GCB relaunched for sale at lower price of $40.8m
And Foodpanda is setting up its SEA headquarters in Singapore.
Daily Markets Briefing: STI down 2.04%
DBS was the top active stock with a 3.66% decline.
Singtel's dividends from associates may fall 22.58% to $1.2b in FY2020
Weakening operating performance, higher capital spending and dividend payout may hinder its growth.
Singapore returnees face mismatched salary expectations: report
45% are willing to accept the same pay despite unsuitable job opportunities back home.
honestbee files for court-supervised restructuring process
The firm said that the move will help them increase existing efficiencies and bring down cost structure.
Jardine Cycle & Carriage profits down 1% to $553m in H1
It was hit by Astra’s underperforming agribusiness, information technology and automotive units.
White knight Utico sets August 16 deadline to ink deal with Hyflux
The would-be white knight gave Hyflux two weeks, “failing which, they will walk".
More than half of Singaporeans worried about data privacy: report
The number of people with data privacy concerns trailed India but was above the US, UK, and France.
Raffles Singapore reopens after two-year restoration
Its total suite count has grown from 103 to 115.
Keppel unit to develop data centre in Australia
It bought a 3,840 sqm plot of land adjacent to its existing Gore Hill data centre.
SIA launches app for improved customer support
It will improve customer booking and check-in transactions by 60%.
Chart of the Day: Auction listings jumped 47.6% to 400 in Q2
Despite higher listing numbers, the success rate continues to go down.
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