News

Singapore banks' bad loans are on the rise

Singapore banks' bad loans are on the rise

The aggregate NPL ratio of local banking groups rose from 0.4% to 1.6% in 2017.

Co-living startup Hmlet to launch second building in Newton

The company said the building will be the largest co-living space in Southeast Asia.

Noble's altered restructuring deal still not enough for shareholders: Goldilocks

Noble raised their current shareholders' stake from 10% to 15% in the post-restructuring company.

Macau gaming sector recovery to bolster Singapore counterpart: Maybank KE

VIP gross gaming revenue in Macau surged 21% YoY in the first two months of 2018.

Chart of the Day: Singapore NODX down 2.7% in March 2018

Electronic NODX fell by 7.1% and continued to weigh growth down.

Daily Briefing: Jail sentence for Resorts World Sentosa ex-boss slashed; Temasek buys 3.6% of Bayer for US$3.7b

And here's how the salaries of the CEOs of smaller firms beat those from Singapore's top 10 companies.

SIA passenger load factor improves to 82.2% in March

It improved for all regions except Europe, where demand is low and competition is high.

Faber Garden en bloc sale launched with $1.18b asking price

The site, near the Central Nature Reserve, can yield over 1,150 units.

Keppel DC REIT Q1 profits jumped 18.2% to $34.09m

It was due to higher income from its data centres in Dublin and Singapore.

M1 2017 profits slid 11.5% to $132.5m

Its handset sales and mobile revenues remained weak despite higher services revenue.

Noble raises shareholders' stake in post-restructuring company to 15%

The allocation is "fair to all shareholders," said founder Richard Elman.

Private home sales up 86.5% to 716 units in March

The Tapestry was the best selling project and contributed 46% of total sales.

URA wants homeowners' consensus approval for Airbnb-like accommodations

There are currently diverse views on its regulatory framework for short-term accommodations.

Singapore is the sixth most popular destination for Muslim tourists

The country provides Muslims "cultural proximity" and enhanced tourism offerings, amongst others.

Singaporeans expect higher prices amidst trade tensions

They think inflation will rise to 3.43% in a year.

More than half of retail investors distrust the financial industry

Only one in ten believe that financial advisers always put their clients first.