News
Tourism receipts slipped 1.7% to $6.6b in Q2
Tourism receipts slipped 1.7% to $6.6b in Q2
The decline was led by the 22% YoY decrease to $1.26m in shopping.
SATS Q2 profits down 9% to $65.7m
It continued to be hit by the absence of the $7m gain from the disposal of SATS HK.
Genting Singapore Q3 profits up 25% to $210.41m
Average daily visitors hit over 22,000 thanks to the stronger performance of its attractions.
Singtel's headwinds will persist unless ICT segment recovers: analyst
Its core mobile business remains lethargic amidst Telkomsel’s positive contributions, an analyst said.
Deadline for execution of Hyflux's Tuaspring deal extended to 29 November
Maybank, Tuaspring’s only secured creditor, approved the extension.
COE premiums for small cars rose 10.34% in November bid
Premium rates for large cars increased by $1,000 to $32,302.
SIA Engineering Q2 profits down 1.55% to $38m
It blamed lower airframe and fleet management revenue.
Chart of the Day: CBD Grade A office rents inched up 4.3% in Q3
Rents may be hit should stock market blues continue as it will result to reduced demand from finance sector occupiers.
Daily Briefing: Fintech startup Fundnel gets green light from Malaysia; Temasek joins $205m funding for Brazilian VC fund
And vegan consumer platform abillionVeg raises $700,000 from eight investors.
SME arrears rise in Q3 as trade war deepens: study
Delayed payments were most evident in the commerce-wholesale and transport/storage sectors.
Grab clinches $68.6m from Thailand's KASIKORNBANK
It will introduce its co-branded mobile app GrabPay by KBank in Thailand in 2019.
Singaporeans are less satisfied with their credit cards in 2018
Overall satisfaction levels fell by 9 points to 718.
Physical meets digital in CapitaLand's new NomadX store
The 11,000 sqft space will feature physical outlets of online retailers such as Alibaba’s Taobao and Style Theory.
Singtel's Q2 profits plummeted 77% to $667m
It blamed a $48m exceptional loss mainly consisting of staff restructuring costs.
HDB resale prices down 0.2% in October
HDB Executive prices slipped 2.2%.
Government expands MediShield Life into three new areas
Eligible patients who feed intravenously can claim up to $1,700 monthly.
ONE Championship to invest up to US$50m to launch Asian eSports championship series
ONE eSports will feature multiple game titles and hold eSports events across Asia.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape