News

UOL Group 2017 profits jumped 210% to $891.01m

Its consolidation with UIC Group raised revenue.

Services sectors' sales up 8.6% in Q4 2017

The information & communications services industry grew 13.6% and led the sector’s growth.

Sumang Walk's EC development could yield 820 units

Since the site was sold for $509.37m, it could have a breakeven price of $1,000 psf.

Almost half of employers plan 3-6% wage hikes in 2018

The raises will be surely received by those with niche skills in sales, IT, and accountancy & finance.

Windy Heights up for en bloc sale at $806.2m

The site currently has four residential blocks of 192 apartment units, eight penthouses, and two commercial units.

Hong Kong offers better jobs than Singapore, say expats

Nineteen percent of expats in Singapore think they have great job opportunities compared to 24% in Hong Kong.

For Abu Dhabi-based Goldilocks, Noble's debt restructuring plan is just not right

It warned Noble's losses will erode the little cash it has left.

Golden Agri Resources hit by $38.25m loss in Q4

It warned that it will continue to be hurt by prices of crude palm oil and competing seed oils.

Holland Road condo up for en bloc sale at $220m

Developers can turn it into a residential development of 166 units.

Tulip Garden up for en bloc sale at $753m

When redeveloped, it can offer up to 670 new homes with an average size of 790 sqft.

Olam 2017 profits grew 65.3% to $580.74m

Its sales volume rose 56.3%, led by growth in grains and edible oils.

Chart of the Day: Corporate profits hit a seven-year high

Profits rose 6.9% and contributed to higher corporate income tax revenue.

Genting Singapore eyes Osaka casino

The company will bid for an IR should Japan legalise them.

Expect prime industrial rents to plunge below $2 psf

But the spike of supply that caused it is expected to reverse the downward trend by end-2018.