News

Sheng Siong profits climbed 11.4% to $69.79m in 2017

The opening of its new stores contributed the most to its revenue of $829.88m.

UOB discretionary portfolio assets tripled in 2017

It identified client segments that preferred DPM solutions for their investments.

Standard Chartered's Singapore-based operations to merge with local unit

This will triple its assets and add its large banking businesses.

Nearly $5m of statutory bonds to expire in 2021

Outstanding bonds are now around $26.7b.

MAS likely to tighten monetary policy: analysts

They were encouraged by Finance Minister Heng Swee Keat’s statement that the budget position for 2018 will remain expansionary.

What now for Sembcorp Marine after first loss in over a decade?

The shipbuilder reported wider than expected losses which could refloat privatisation rumours.

COE prices fell across all categories in February

Premiums for motorcycles dipped the lowest by 9.3% to $7,667.

MAS to limit OTC derivatives trading to bourses

The rules will cover popular derivatives like interest rate swaps.

The ship is sinking: Sembmarine lost nearly $35m in Q4

The poor performance of its rigs business pulled revenue down by 41.8%.

Digital products to boost Singapore GDP by $13.2b

Bosses are seeing greater profits and productivity after their firms upgraded to digital.

StarHub profit woes intensify on subscriber losses

It expects services revenue to dip 1-3% as its post-paid base shrank 1.4% in 2017.

C&W tenders Jalan Molek-Guillermard Road site for $99m

The site with 15 two-storey terrace houses can be redeveloped for residential and institutional use.

Artificial intelligence feared by 70 % of Singaporean firms

70% of firms worry about their ability to adapt to this technology.

Home sales rose 21% to 522 units sold in January

The property market opened the year on a high note.