News
Services sector's business outlook recovers in Q2
One in 5 firms in the services sector is optimistic about business conditions in 2018.
Precision engineering firms lead optimism in manufacturing sector
About 39% of them expect better business conditions, compared to 13% of firms overall.
Oxley Q3 profits crashed 33% to $30.56m
It warned that it could be hit by political and economic policies, along with rising interest rates.
Raffles Medical profits up 1.7% to $15.81m in Q1
It cited higher revenue from its healthcare services and hospital services.
Import prices up 1.4% in March
This was bolstered by oil prices, which climbed 13.3%.
Private home prices up 3.9% in Q1 as foreigners scramble for good deals
Malaysian and Chinese SPRs expressed willingness to shell out more to score good home buys.
DBS profits up 26% to $1.52b in Q1
Net interest margin rose 9 bps due to a strong Singapore dollar.
Singapore Business Review opens nominations for the second Made in Singapore Awards and Designed in Singapore Awards 2018
Nominations will close on 6 July 2018.
Daily Briefing: Singapore PM is still worried over US-China trade tensions; Noble moves meeting date for restructuring
And here's the Singapore central bank's forecast on the economy amidst rising tensions.
Chart of the Day: New F&B firms are sprouting amidst weak industry
Employment and property occupancy in the two sectors has been declining since 2015.
Daily Markets Briefing: STI up 0.2%
Expect muted gains today.
Unemployment rate dips to 2% in March
This translates to 64,800 unemployed residents.
Retail space prices dipped 0.1% in Q1
Pipeline supply for retail space rose 4.1% to 509,000 sqm.
Office space prices up 1.3% in Q1
Rents also grew by 2.6%.
$1.04b bid for Silat Avenue site is ‘underwhelming'
Its ‘untested’ location and distance from MRT stations could be a disadvantage to its large size, an analyst says.
Sembcorp Utilities to develop 750-megawatt gas-fired power project in Vietnam
It signed an MOU with the government of Quang Ngai Province.
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