News

Keppel junks deal to manage TQS shipyard

It cited the downturn in the offshore and marine business.

Frasers Property injects $136.1m in mixed use development in Bangkok

It will hold 19.9% in a joint venture that will invest in the project’s development.

Daily Markets Briefing: STI down 0.54%

Investors are urged to take caution today.

Chart of the Day: Sheng Siong and FairPrice are eating up the supermarket pie

Within five years, Sheng Siong took up 18.9% whilst FairPrice ate up 56% of the market.

Singapore's improvements in livability are the ninth best in Asia

From 1998 to 2018, it improved its livability score by 4.7%.

Lawsuit delays slashed Keppel's $290m gain from marina firm sale

Keppel was now only able to complete the deal after a minority shareholder blocked the sale.

Singapore law allows creditors to avoid losses from bank failures: Moody's

Buffers for bail-ins only comprise 1%-2% of Singapore banks’ assets.

This CEO's remuneration package soared 119% in 2017

He received $12.02m after the company’s profits soared due to high sales.

Construction lagged other sectors in fulfilling arrears in Q1

But the proportion of slow payments dipped to 49.14%.

SGX RegCo calls Midas Holdings' executives to resign

It found that executive officers made guarantees for the company’s illegal bonds and hid related lawsuits.

Chart of the Day: Electricity tariff for April to June 2018 raised 2.8%

This is mainly due to the higher energy cost of producing electricity.

Daily Markets Briefing: STI up 0.08%

Expect bad news today due to uncertainties in trade policy.

Homegrown firm Ryde enters the ride-hailing fray

It launched a new private-hire car service with its 55,000-strong fleet.

Singapore PMI expands 0.3 point to 53 in March

The growth was caused by higher factory output, new orders, and new exports.