News
Singapore Airlines prices $600m notes at 3.16%
They will be issued on 25 October.
Chart of the Day: 2 in 10 tourist arrivals in August came from China
Indonesia accounted for 16% of the tourist arrivals.
Daily Markets Briefing: STI down 0.05%
Don’t expect gains today.
Daily Briefing: Singapore HealthHub hit by 27,000 unusual log-in attempts; Three firms sanctioned over supply of luxury goods to North Korea
And here's a new delivery scheme for Lazada customers.
Hotels brace for more business as tourism drives RevPAR for seventh straight month in August
Revenue per available room rose 5.5% and 3.4% year-to-August.
Blockchain-based commodity trading platform launched in Singapore
It has reached a turnover of US$200m covering markets like China, Switzerland, and Australia.
Keppel bags $111.11m contract for Australia's first waste-to-energy plant
The facility will be able to reduce 90% of the waste that goes to landfills.
Singapore clinches ninth spot in highest average wealth per adult: Credit Suisse
It hit $390,280, thanks to high savings and asset price increases.
Noble gives creditors instructions on restructuring claims
Creditors can risk participate in the US$625m new money debt.
LTA to raise number of COEs for November to January by 8.9%
The quota for motorcycles will inch up 34.65% to 2,207 per month.
Plans to reshape Sentosa and Pulau Brani underway
The government will make way for new tourist attractions and investments.
COE premiums for small cars dropped 10.19% in mid-October bid
Motorcycle COE premiums were down 3.84% to $3,951.
Keppel T&T Q3 profits down 12% to $11.85m
It was dragged mainly by higher operating costs.
URA to shrink shoebox unit standards amidst 'excessive' development
Average unit sizes outside the central area will be raised by 15 sqm to 85 sqm.
Visitor arrivals to Singapore up 7.7% to 9.2 million in H1
1.3 million visitors came for business-related purposes and spent $2.2b worth of tourism receipts.
Flexible working set-ups could add $54.8b to economy by 2030
This will come in the form of higher productivity and reduced opex.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform