News

Redmart to move into Lazada's platform on 15 March

Redmart to move into Lazada's platform on 15 March

It will mark Lazada’s official foray into Southeast Asia’s online supermarket business.

Retrenchments hit 6-year low at 11,020 in 2018

Retrenchments declined across the construction, manufacturing and services industries.

Government urged to hike CPF contribution rate for workers above 55 to 37%

It will ensure that older workers are paid the same as their younger colleagues.

Singapore's manufacturing sentiment sours for H1 2019

Manufacturers are less optimistic amidst weakening demand.

Grab clinches $269.16m investment from Thai retail tycoon Central Group

They will partner to enhance Grab's retail and logistics services in Thailand.

Ascendas REIT NPI edged up 6.6% to $168.03m in Q3

The growth was due to lower property tax expenses during the quarter.

Frasers Hospitality Trust NPI slipped 1.2% to $31.06m in Q1

The firm blamed the weak showing of its hotels in Malaysia and Japan.

Singapore still trails behind Hong Kong in economic freedom

The Lion City fell behind in terms of business and labour freedom.

Here's a preview of Grab's new $181m HQ in Singapore

Ascendas REIT will build the new HQ slated for completion in 2020.

Chart of the Day: Big three shipyard operators' average returns hit 6.2%

Rising crude oil prices helped them bounce back in their stock performance.

Daily Markets Briefing: STI down 0.42%

The Fed's patient stance on future interest-rate hikes may buoy local sentiment.

Singapore banks amp up technical hiring to plug digital vacancies

Banks are focusing their digitalisation efforts in the Lion City.

Hong Kong accounting firms are digitising faster than their Singapore counterparts

Only 34.5% of firms use automation apps compared to 81% in Hong Kong.

Gilstead Court cuts en bloc price tag to $153m

The decision to cut back the reserve price from its original $168m price comes after cooling measures in July.

MAS warns against websites soliciting cryptocurrency investments

They ask for personal and financial details to buy the cryptocurrency.