News
MAS slapped $16.8m in penalties on 42 financial firms in the last 18 months: report
MAS slapped $16.8m in penalties on 42 financial firms in the last 18 months: report
Other enforcement actions included 19 prohibition orders, $698,000 in civil penalties and 223 warnings.
Dairy Farm's profits may edge up 11% over the next three years: analyst
Growth could be driven by higher contributions from its health & beauty division and associates.
Inside Deliveroo's futuristic food market
The site features a fully-automated ordering experience and 40-seater dine-in space.
Oxley terminates LOI for $950m sale of Mercure and Novotel hotels
Its purchaser Gracious Land failed to make its subsequent 4% consideration deposit of $38m.
Daily Markets Briefing: STI up 0.25%
Don't expect gains today.
Chart of the Day: Singapore's VC investments hit $6.65b in 2018
VC investment activity stands at $174.3b (US$129b) in Asia.
Daily Briefing: Casa Sophia relaunched for en bloc sale at lower price; Golden Gate Ventures targets US$200m fund to invest in tech start-ups
And here’s why GIC is eyeing assets in Brazil.
Grab ventures into SME lending and micro-insurance
One product is a post-paid and installment payment service called Pay Later.
Mortgage recovery looms for UOB as residential market stabilises
Mortgages will grow to mid-single-digit in 2019 from 4.3% in 2018.
Hong Kong and Paris squeeze into Singapore's throne as costliest city globally
Singapore and Hong Kong are 7% more expensive than New York.
Sheng Siong's new-store strategy may fall flat as consumer sentiment sours: analyst
It opened 10 new stores in 2018, the highest figure since 2012.
Global 737 MAX plane grounding could delay SilkAir's merger with SIA
The airline is expected to receive 13 737 MAX plane deliveries over the next five years.
Lian Beng Group bags $117m construction deal
Its order book stands at $1.32b as at 18 March.
SIA set to issue $500m of five-year fixed rate bonds
It may upsize the offer to up to a maximum of $750m if it gets oversubscribed.
Hyflux says restructuring under threat, cites PUB default notice
Hyflux and Tuaspring have until 1 April to resolve all defaults or PUB will take control of the plant.
YNG Corporation bags $30m from Asia Financial Group
YNG will also issue 65 million warrants to AFG.
CapitaLand Commercial Trust eyes $1.5b Duo Tower
It is in talks with M+S Pte for the 39-storey property.
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Commentary
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