News
Services business receipts jumped 8.5% in Q1
Services business receipts jumped 8.5% in Q1
The financial and insurance services sector led the growth at 14.2%.
Singapore manufacturing output up 9.1% in April
Growth was led by the electronics segment that has been in the black for 26 months.
Losses loom for Singapore banks as Hyflux struggles to stay liquid: Moody's
Half of the embattled firm’s debt comes in the form of unsecured bank loans.
SGX quizzed Noble on US$80.5m loss over derivatives
It was hit by the negative performance of some coal and carbon steel contracts.
Number of Changi Airport passengers jumped 5.1% in April
There were 5.43 million people that flew through the airport in the month.
GIC steps up as most active Asian PE investor
It had completed 11 deals in the first quarter of 2018.
MAS slaps warning on ICO issuer and 8 digital token platforms
They violated MAS' regulations on registration.
Daily Briefing: Analysts back timing of investment in landed homes; Singapore agency loses licence for faking information
And here's a Singapore venture that launched a blockchain platform for hotels and malls.
Daily Markets Briefing: STI up 0.93%
Expect muted gains today.
Chart of the Day: See developing economies' largest investments in Singapore
Companies from the British Virgin Islands invested the largest at US$60b.
En bloc sales could drive construction costs higher
Singapore is now the fourth most expensive city in Asia to build in.
Economists divided over Singapore's higher GDP forecast
MTI raised its GDP projection to 2.5%-3.5% despite economic uncertainties.
Indian court extends blockage period on SGX derivatives products
The National Stock Exchange of India applied for an injunction order against SGX on 21 May.
Is IoT the ultimate driver of digital transformation?
Pick a market sector and the Internet of Things is present: manufacturing, smart cities, retail, transportation, healthcare, education.
Yongnam bags North-South corridor contract for $554m
It will build vehicle tunnels and a new facility starting Q2.
House of Tan Yeok Nee up for sale at $93m
It is the last-standing mansion built by Teochew tycoons in the 19th century.
Singapore is no longer the 2nd costliest Asian city
But luxury item prices continued to climb 2.4% from last year.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform