News

Grab will pay $6.42m fine over anti competition ruling; Uber appeals CCCS' decision

Uber thinks that CCCS used a 'narrow definition' of the ride-hailing market.

SingPass launches new app for e-services

Users can now log in using their fingerprint, facial recognition or a six digit passcode.

Banks turn to loans to boost earnings as wealth income weakens

Wealth management income may have already peaked in H1 2018.

SembMarine clinches $160m contract with Teekay Offshore

The deal will see to modifications and life extension of the Petrojarl Varg vessel.

Frasers Commercial Trust might need to wait for revamps to pay off: analysts

It finished the revamp of Alexandra Technopark, but concerns over HP leaving the property and lack of growth remain.

Singapore is eighth biggest recipient of FDIs in H1 with deals worth $48.23b

It fueled the 18% growth of SEA's FDI inflows to $100.59b.

Study says CPF needs to improve in these two areas

It can open up the scheme for non-permanent residents as well.

Trade war hits launch of Oxley and SLB's project in China

The launch was initially scheduled in November, but it was moved to accommodate an improved market sentiment.

Singapore ranks first in total FDI capital investments in 2017

It also topped the list of cities with the highest financial services-related employment.

SGX Q1 profits up 0.4% to $91.07m

Derivatives saved the exchange as revenue from listings and trading significantly weakened.

Daily Briefing: PM Lee says Singapore and EU ‘remain committed' to free trade; Resource centre for freelancers to launch in 2019

And a UK-based fintech firm eyes to link up with new instant payment schemes in Singapore and Hong Kong.

Chart of the Day: Foreign property buyers on the rise despite hefty ABSD rates

They made up 5.5% of the total number of buyers in Q3 from 5.2% in Q2.

ST Engineering's Electronics arm bagged contracts worth $435m in Q3

They involve areas such as mobility, satellite communications, IoT, and cybersecurity.

SGD will fare around $1.35 against USD in 2018: Fitch Solutions

It could be hit by the escalating US-China trade wars paired with US Fed hikes.

Singtel network down due to power disruptions

Customers islandwide were affected for over three hours.