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Daily Briefing: SingPost apologises for ex-employee throwing mail; Singapore to cut toll fees at Second Link
Daily Briefing: SingPost apologises for ex-employee throwing mail; Singapore to cut toll fees at Second Link
And here are three things you need to know about Mapletree Industrial Trust’s business.
Chart of the Day: See what tourists spent on in 2017
Tourist shoppers spent $4.73b on shopping from Q1 to Q3.
DBS' assets balloon to $206b after ANZ deal
It also gained 890,000 customers from Indonesia and Taiwan.
Temasek looks to buy $1.77b data centre
Nextdc's data centres are in cities like Sydney, Melbourne, and Perth.
Tourists expected to spend $27.1b in 2018
Singapore is also projected to welcome 17.1 million visitors.
SBS Transit's full-year profits leap 50.3% to $47.13m
Revenue from public transport services rose 9.8% to $1.14b.
Singapore tourists splurged $26.8b in 2017
Tourists from China, US, and UK were the biggest spenders.
URA to tighten licence rules for non-resident developers
Developers will be required to open and maintain a bank account solely for the project.
Singapore's real estate investments rose 50% to US$15b
Large en bloc deals drove growth last year.
Retail sales up by 4.6% to $4.3b in December
It is pushed by sales growth on motor vehicles and computers.
LTA to allot $25m for testing advanced transportation tech
It is also exploring the use of automation and autonomous vehicles in the transport system.
9 in 10 firms unprepared to protect their data
Even if 70% of bosses are worried about data privacy compliance.
Frasers Hospitality to expand units to 30,000 by 2019
This could boost FPL’s growth for the year.
6 in 10 SMEs prioritise tech investments over fixed assets
Software to improve websites and develop mobile app are on top of the list.
Singapore may slam tax on e-commerce kings Amazon and Lazada
Eight of 12 economists think the new budget will include a new tax for online vendors.
Frasers Property Limited's net profit to fall 7.9% to $571m in 2018
This is due to the weakening of AUD/SGD exchange rate.
SGX looks to avoid India's Nifty licence limits
It plans to launch India-access risk management products for derivatives.
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Commentary
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