News

Auto sales to slam the brakes as riders turn to Uber

Auto sales to slam the brakes as riders turn to Uber

Commercial and passenger vehicle registrations are forecast to plunge by 20% and 6.5% respectively.

Chart of the Day: Budget balance rose over 2 years

Thanks to contributions from the Statutory Board and stamp duties.

Daily Markets Briefing: STI down 0.33%

Business sentiment has been largely subdued.

32,000 households struggled with mortgage arrears

Households cannot pay because of lower income, illnesses, and unemployment.

Competition watchdog rejects Uber-ComfortDelGro joint venture

The Competition Commission of Singapore listed 10 issues that require further in-depth assessment.

En bloc hype slows down

Recent deals sold via private treaty after an unsuccessful public tender appear to bring fatigue.

Delayed worker levy hikes to buoy marine sector by $5m

Firms could save costs of $50-$100 per foreign worker.

Netflix and bill: the GST on digital services to hit consumers

Customers to be hit in the hip pocket as digital services like Uber and Spotify will be taxed from 2020.

Government mulls borrowing guarantee to fund massive infra projects

This could finance the KL-Singapore high speed rail and Changi T5.

Delayed GST hike to spur private consumption

GST will be raised to 9%, but government has not specified when this will be implemented.

Chart of the Day: GDP growth slumps to 3.6% in Q4

No thanks to a lacklustre +4.2% growth in exports.

SGX to unveil new Nifty products before August 2018

It is in talks with India's stock exchange to link overseas investors to local trading.

Nearly US$5b loss looms for Noble

No thanks to the disposal of its global oil and North American unit.