News
Chart of the Day: 6.2% rise in tourist arrivals cushioned retail sales slip in 2018
Growth was driven by substantial increased arrivals from the US and Europe.
DBS Bank to set up over 100 touchpoints in India
The bank plans to open nine new branches in March alone.
Bank loans fell 4.2% in January
Consumer loan growth dipped to 0.7% whilst business loans increased 5%.
Tokyo beats Singapore as best Asian city for ‘bleisure'
Business travellers rated the cities based on business activity, infrastructure, and leisure experiences.
Mirach Energy seeks more time to be excluded from SGX financial watch-list
It has streamlined its oil & gas business to improve its profits and market cap.
Oxley CEO argues debt-ridden company can pay its dues
Its ability to pay is supported by local and overseas projects worth approximately $2.9b and $4.6b respectively.
Hyflux burdened by $916m impairment loss from Tuaspring and other assets
It intends to commission a valuation of its assets to finalise its full-year 2018 results.
One-third of firms invested over US$1m in digital transformation: study
30% said their total spend on such products and servicers would grow by more than 10% in the next three years.
SBR International Business Awards 2019 is open for nominations
The search is on for the best international businesses in Singapore.
Daily Briefing: Pine Grove condo retries en bloc sale for $1.86b; Grab imposes $4 cancellation fee on customers
And Johor will stop buying Singapore's treated water supply.
Daily Markets Briefing: STI up 0.24%
The thawing US-China trade tensions may boost local sentiment.
Chart of the Day: Single-user factories will make up 64% of industrial property pipeline in 2019
It will make up approximately 11 million sqft in GFA.
Industrial leases leaped 14.6% to 10,473 in 2018
Occupancy rates edged up 0.4 ppt to 89.3% amidst an increase in monthly rents.
Retail investment sales crashed 43.3% to $1.42b in 2018
H2 2018 featured majority stake sales of major suburban malls, including I12 Katong and Westgate.
DBS rolls out ready-made portfolio with an initial investment of $1,000
It will be available to the banks’ wealth clients.
Jardine Matheson profits crashed 56% to US$1.73b in 2018
It was hit by restructuring charges from Dairy Farm’s Southeast Asia Food business.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape