News
Chart of the Day: Banks' nonperforming loan exposures are higher outside Singapore
Chart of the Day: Banks' nonperforming loan exposures are higher outside Singapore
In Indonesia alone, UOB and OCBC have 4.9% and 3.7% NPL exposure.
Daily Briefing: MAS ready to tighten amidst trade risks; HDB chief suggests resale flats with shorter leases should be cheaper
And here's a fintech firm that gained US$20m as it develops a fintech chat app.
Daily Markets Briefing: STI up 0.48%
Expect some gains today.
Singapore reserves grew 10.52% to US$286.96b
Gold and forex reserves expanded 3.8% to $373.78b.
Construction bosses bullish on higher orders in 2018
Some of them eye projects like Changi T5 and the KL-Singapore High-Speed Rail.
Private condo resale prices in Districts 9 to 11 hit record-high in March
Prices rose 2.2% from last month thanks to demand for luxury homes.
Yanlord co-buys 2 land parcels in Tianjin worth $1.57b
The land parcels are slated for mixed-use development and will include amenities like schools.
Noble gets 70% of creditors to commit to restructuring
But concerns arise as its founder Richard Elman is pushing for a new restructuring.
Singapore falls to 18th place in the world's busiest airports
The 6% growth of its passenger traffic lagged Guangzhou’s 10.3% and Delhi’s 14.1%.
Financial compliance in Singapore is the ninth easiest in the world
But Budget 2018 changes could make compliance harder.
Chart of the Day: Online grocery sales growth dipped to 35% in 2017
New online groceries can't break into the dominance of supermarkets.
Daily Briefing: GIC co-buys 'Salt Bae' steakhouse for $1.6b; Tariff threats dent Singapore business policy certainty
And guess which development in Paya Lebar Quarter has sold 149 units over two days.
Daily Markets Briefing: STI up 0.22%
Trade relations continue to weigh down investor sentiment.
Keppel O&M to build Singapore's first dual-fuel bunker tanker
It signed a contract with Mitsui AP with an option to order another similar tanker.
Casa Meyfort en bloc sale relaunched
The relaunch followed the 3.8% price increase in the Outside Central Region it is in.
76% of The Verandah Residences sold for average of $1,815 psf
The whole project is expected to be completed in the fourth quarter of 2023.
Bank of China and ICBC to offer PayNow
There are now nine banks using the service.
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Commentary
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What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
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