News
Daily Briefing: Grab's transport data assists Singapore government; Tai Sin to pay 0.75 per share dividend
Daily Briefing: Grab's transport data assists Singapore government; Tai Sin to pay 0.75 per share dividend
And here are reasons why you should consider setting up a trust.
SingPost eyes building e-commerce platform
It inked a deal with Y Ventures to collaborate on e-commerce and logistics technology.
Analysts are bullish on growth amidst Fed interest hikes
They are now expecting four Fed hikes in 2018 after recent policy comments made by the central bank.
World's best performing macro fund lost 16% in February
It is challenged by stock bet losses following the Fed’s proposed monetary tightening.
Great expectations: 6 in 10 Singaporeans expect a salary increase in 2018
But they still lag Hong Kong and Malaysia which have a higher number of workers confident about raises.
Sembcorp Industries eyes a clean energy acquisition
It wants to achieve double-digit ROE in five years and renewables business growth amongst others.
Singapore-EU to push ratification of free trade deal this year
When passed, it will allow consumers and producers reach each other’s markets sans custom duties on all qualifying goods.
Noble's outgoing boss bagged US$20m amidst US$5b loss
The remuneration is more than the US$15m than Noble has offered to pay its perpetual bondholders.
Daily Markets Briefing: STI down 0.99%
Expect muted gains today.
Chart of the Day: Infocomm services sales grew 13.6% in Q4 2017
It led the growth in the services sector.
Daily Briefing: Jetstar could raise fares 20% after airport levy; Hollandia sold for $183.38m
And here are the positives and negatives in Sheng Siong’s 2017 results.
Jardine Cycle & Carriage profits up 16% to $1.07b in 2017
Astra’s contribution to the profit rose 28% YoY to US$641m.
First Resources profit plunged 41.1% to US$34.2m in Q4
It blamed average selling prices which fell despite high sales volumes.
Singapore PMI down 0.4 point to 52.7 in February
The reading was pulled down by the weaker electronics manufacturing sector.
Venture Q4 profit surged 170% to $142.9m
Its exciting performance was driven by steady sales momentum and margin improvement.
PayNow to extend into businesses by H2 2018
Companies will be allowed to link their bank accounts to their Unique Entry Numbers and transfer funds to other firms.
Government rejects 9% pay hike for its ministers
However, they’re still one of the world’s most highly paid officials.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform