News
3 in 10 bosses could pay bribes to win business
3 in 10 bosses could pay bribes to win business
There remains a mismatch between intentions of integrity and actual behaviour, EY said.
Property investment sales surged 89% as market beats trade worries
The residential en bloc momentum continued to bolster sales to $11b.
2 in 3 of Grab's new services are derived from old Uber products
The first service, GrabAssist which was built on Uber Assist, will accommodate foldable wheelchairs and walkers starting today.
CCCS monitors Grab and Uber's compliance with competition measures
Smith & Williamson LLP serves as the independent monitor, which was recommended by the two firms.
StarHub caves under pressure of fierce competition
The telco’s wireless and pay TV business suffered the heat of new telco players in Q1.
MAS collaborates with three agencies to accelerate AI adoption in finance
The regulatory body has partnered with the EDB, IMDA and IBF.
Keppel DC Reit to buy Kingsland Data Centre for $295.1m
The acquisition aims to cater to multinational demand for data centre space.
OCBC profit up 29% to $1.11b in Q1
Higher income from wealth segment and loan related activities buoyed earnings.
Singapore's top office REITs NPI down 3.4% to $48.5m in 2017
Average gross revenue also edged down 2% to $65m.
Daily Markets Briefing: STI down 0.85%
Expect muted gains today.
Chart of the Day: HDB resale prices down 0.8% in Q1
This marks the fastest quarterly decline in three years.
Daily Briefing: Temasek eyes stake in Indian digital payments startup; LTA to accept license applications from bike-sharing operators
And another Singapore-based blockchain network has breached the US$1b market cap.
Office rentals dipped 0.6% in Q1
Gross rent for prime office spaces grew 1.3%, causing slower leasing activity.
URA accepts 9 bids for Hillview Rise site
An analyst noted the interest in the site is positive despite technical evaluation requirements.
Private sector PMI climbed 1.9 points to 55.6 in April
It was bolstered by faster rises in output and new orders.
Great Eastern Holdings Q1 profits surged 68% to $152.9m
It attributed the growth to higher profit from its Singapore insurance business.
Chart of the Day: Singapore's semiconductor production weakens amidst slow down in sales
Semiconductor production growth weakened from 27.4% in February to 18.8% in March.
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