News
Hotpot chain founder sets up family office in Singapore
Hotpot chain founder sets up family office in Singapore
Shu Ping is one of Singapore’s richest people with a net worth of around US$7.7b.
Singapore most open to financial compliance in ASEAN
The region’s diverse economic developments and different regulators are seen as barriers.
MUFG-Grab deal shows Japanese banks' curiosity in SEA
But Fitch warns it could lead to higher costs and put pressure on profits.
$60b eyed for rail network expansion over the next decade
The stage 2 of the Thomson-East Coast Line will be completed in a few months.
Tee International fires ex-CEO and director
Phua Chian Kin was involved in unauthorized remittances in the company.
ADB unveils new Singapore office
It comprises 12 specialists from ADB’s PSOD and Office of Public-Private Partnership.
Listed US office REITs post higher yields than SREITs
US office REITs have longer WALEs ranging from four to six years unlike their Singapore peers.
SIA needs to be mindful of capacity cuts with EU obligation
It has been cutting capacity across the globe due to drop in passenger volumes.
Surprise US fed cut to weigh on OCBC's NIM
FY2020F NIM could dip below 1.70%.
Private home sales plunged 38.6% in Q4 2019
Developers held back launches during the festival season.
Hongkong Land Holdings' underlying profit up 4% to $1.49b in 2019
Contributions from the development properties in mainland China drove higher profits.
Dairy Farm's 2019 profits skyrocketed 281.84% to $448.53m
Total sales, supported by its investment in Robinsons Retail, climbed 26%.
Mandarin Oriental sinks into the red with $76.9m loss in 2019
Non-trading items related to the redevelopment of The Excelsior contributed to the loss.
Jardine Matheson Holdings' 2019 profits up 65% to $3.93b
Hongkong Land contributed $1.5b to the group’s total underlying profit.
Keppel Land China to co-develop Taicang residential site for $469m
The site is expected to yield more than 1,000 residential units.
Strait Times Index remains unchanged after March review
MIT, Suntec REIT, Keppel REIT, Keppel DC REIT and Netlink are now in the reserve list.
Aqua Munda appoints Singapore's ambassador to Kuwait as director
He was formerly the Senior Minister of State for Foreign Affairs until 2011.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform