News

NODX slipped 5.9% in February

Contractions in both electronic and non-electronic exports weighed down the NODX.

Hong Kong and Singapore bourse bosses lock horns over listings

SFC executive Ashley Alder called out an SGX executive’s comments on their performance.

Singapore is the costliest city in the world for 5 years in a row

But in 10 years, prices of bread, wine, and smokes are expected to fall.

Daily Markets Briefing: STI down 0.61%

Investors are urged to take caution today.

Chart of the Day: Labour productivity rose by 4.5% in 2017

Thanks to gains led by the manufacturing and wholesale & retail trade sectors.

Raffles Medical could be hurt by full-rider insurance changes

About 12-18% of its pre-tax profit is exposed to the insured market.

SIA passenger load factor up 0.2 ppt to 80.9% in February

Higher demand also lifted overall cargo load factor by 0.6ppt.

Export-dependent SMEs fare the worst as 2017 profits nosedive 53.8%

The manufacturing slowdown and higher operating costs derailed its growth.

STI dividends could soar 29% to $20.9b in 2018: IHS Markit

The banking, telecommunication, and real estate sectors are expected to contribute $13.5b to the total.

Local employment nearly doubled in 2017 as economy improved: MoM

But job-skills mismatch continues to be a challenge due to ongoing economic restructuring.

Private home sales crashed 28% to 377 units in February

Most developers are timing their project launches, preferring to wait after the Lunar New Year festivities.

Insurance firms' underwriting profits plunged 58.53% to $107m in 2017

For the first time since 2010, the motor insurance segment generated an underwriting loss, losing $27.2m in 2017.

Small businesses' growth in Singapore is the worst in Asia

Only 47.5% think they grew in 2017, significantly lower than the 68.5% average in the Asia Pacific.

Noble paid US$20m to keep senior staff in US oil unit

In their breakdown, there was a lump sum payment of $3.8m and a loan written off for $3.82m.