News
Nomura slashes eight of nine equity research jobs in Singapore
Nomura slashes eight of nine equity research jobs in Singapore
It has been grappling with overseas and domestic losses for four straight quarters.
Chart of the day: Share buybacks in March hit $53.5m
This was two-thirds higher than the buyback consideration of $31.9m filed in February 2019.
Daily Briefing: Malaysia asks for six-month extension to clarify stance on RTS project; Validus Capital and Lighthouse Canton reopen trade finance fund
And Singapore-based F&B startup Waitrr partners with Nest Tech to boost its international expansion.
Hyflux falls out of SMI investment over restructuring battle
The utility said it has no confidence that SMI is prepared to complete the investment even if the restructuring gets completed.
German conglomerate thyssenkrupp to launch 3D printing hub in Singapore
It will focus on additive manufacturing of metal and plastic for clients in heavy industries.
Frasers Property in talks to sell stake in Frasers Tower
The developer bagged a $1.2b loan for the property’s development in 2018.
COE prices close higher in first half of April
Premiums in the open category leapt 17.58% to $48,209.
HDB resale prices inched up 0.2% in March
Prices were down 13.7% from the peak in April 2013.
UOB CEO Wee Ee Cheong's salary rose 12.58% to $10.56m in 2018
The bank’s full-year profits rose 18% thanks to loan, card, trade, and fund management fees.
Rising PMI could signal stabilising manufacturing environment: analysts
The increase was in line with improving PMI readings in Vietnam, China, Thailand and South Korea.
Singapore's PMI up 0.4 point to positive territory in March
Growth in new orders, new exports, factory output, inventory, and employment level boosted the figure.
SingPost quits US e-commerce businesses
It believes it has more advantage in Southeast Asia and the Asia Pacific regions.
1 in 2 fares will be paid through contactless modes by 2024: UOB
LTA's SimplyGo contactless payment system will launch on 4 April.
Changi Airport Group to launch integrated QR payment apps
The integrated payment platform will allow retailers to accept e-wallets such as GrabPay, Liquid Pay, Singtel Dash, and PayNow.
Deliveroo adds $302.7m in revenue to Singapore's economy: report
It provided 5,000 jobs across the Lion City’s F&B sector.
Chart of the Day: Singapore REITs' net institutional inflows hit $114.2m in March
This brings the sector's inflows to $239.6m for the first quarter of 2019.
Daily Briefing: Johor prepares to stop buying treated water from Singapore; QuuBe to boost Southeast Asia expansion using blockchain
And Temasek joins US-based payments management platform Bill.com’s US$88m-funding round.
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