News
CH Offshore records losses for third straight year
CH Offshore records losses for third straight year
Loss after income tax narrowed 51.2% to $19.48m in 2019.
Share of women in line management roles declined in 2019
The percentage fell to 38% in 2019 from 45% in 2018.
Card payments market to hit $158b in 2023
Credit cards took the lion’s share in market value at 60% in 2019.
Daily Briefing: Initiatives eyed for HDB green towns; Hiring platform Sama raises US$1.15m in seed round
And a group of restaurants will send food to frontline healthcare workers amidst the outbreak.
Daily Markets Briefing: STI down 6.03%
Keppel Corp saw the sharpest decline amongst top active stocks with a 9.65% contraction.
Chart of the Day: PRs, foreigners bought a total of 970 private residential units in Q4 2019
Top selling project was Parc Esta as it sold 37 units.
Singtel, AIS, SK Telecom raise Series A investment in gaming JV
A gaming and esports business is underway.
Nearly half of SMEs struggle with digitisation's high costs
Businesses stated that they are still unprepared to face common tech risks.
February SDAV up 30% to $1.4b
Total securities market turnover value soared 44% YoY to $27.5b.
Virus crisis to hit Dairy Farm's North Asia earnings
Restaurant earnings fell 30% during the SARS outbreak in 2003.
TPG would lag in 5G race: analyst
The telco may not reach its target EBITDA breakeven revenue of $150m.
Hongkong Land's rental loss could be limited: analyst
It offered rent relief to its retail tenants amidst the COVID-19 outbreak.
Mapletree Investments clinch $310m sustainability loan from OCBC
The interest rate will be reduced should ESG targets be met.
UOB, Prudential Singapore launch women's savings account
It offers free insurance coverage against six women-related cancers.
Utico warns Hyflux's asset leakage if restructuring scheme further delays
The investor is wondering why the scheme is being deferred.
SATS cuts board and executives' pay
President and CEO Alexander Hungate's salary was cut by 15%.
Chart of the Day: 60% of condo projects show low take-up rates in its first month
New projects’ benchmark prices and hefty stamp duty continue to be the main drag.
Commentary
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape
SG60: What the next 10 years have in store for Singapore’s investment landscape