News

Zilingo clinches $307.1m in Series D funding

Zilingo clinches $307.1m in Series D funding

The funding round was led by Sequoia Capital, Temasek and the Singapore investment fund EDBI.

ComfortDelGro weathers market shake-up as Go-Jek threat fades

The lowering of incentives at Go-Jek narrows the earnings divide between private hire and taxis.

Retail sales dipped 6% to $4.3b in December 2018

Medical goods and toiletries was the only sector to report an increase of 1.8%.

HDB resale volume rose 4.6% to 23,099 units in 2018

Punggol recorded the highest sales volume of standard flats at 47%.

Mapletree Industrial Trust to raise $175m via private placement

The proceeds will primarily be used to fund its 18 Tai Seng acquisition.

Private condo resale prices dropped 6% in January

Total units resold crashed 52.7% to 529 units.

Can Venture Corporation recover and regain investor confidence?

Its major customers, Illumina and Philip Morris, guided for growth in 2019 but trade war risks remain.

City Developments' Whistler Grand hits 80% take-up rate despite cooling measures

The average selling price of launched units is at $1,350 psf.

Hyflux extends deadline to file proofs of claim to 1 March

Parties are requested to set out all known obligations the scheme companies have towards them.

CapitaLand takes its shopping voucher digital

CapitaVoucher can be purchased, stored and redeemed via the CapitaStar app.

Daily Markets Briefing: STI up 0.13%

The spotlight on the US-China trade negotiations may soften local sentiment.

UOB launches high street Wealth Banking branch at Faber House

It aims to cater to the 476,000 emerging affluent customers in Singapore.

Singapore 2019 budget will be delivered on 18 February at 3:30 p.m.

A live webcast of the budget speech will be available on the Singapore budget website.

Private condo rents could grow 2% in 2019

It could be bolstered by the low supply of GLS and HDB BTO units.

DBS wealth management fees to contract 1.3% in 4Q18

The decline is attributed to high net worth clients continuing to be risk averse.