News

Singapore hotels slash check-in time via facial recognition tech

Check-in times could be reduced by as much as 70%.

OCBC, DBS vying for Indonesia's Bank Permata

Bank Permata’s owners are seeking a valuation 1.6x of its book value.

Sembmarine delivers semi-submersible rig to Helix Energy Solutions

It is used for well intervention and decommissioning in waters up to 3,000m deep.

SPH REIT banks on rising consumer spending with Westfield Marion buy

The mall’s proximity to several government-backed projects nearby will boost spending in the long run.

SPH REIT buys 50% stake in South Australia's largest mall for $636.5m

Westfield Marion attracts 13.5 million annual visitors with a 99.3% occupancy.

Genting Singapore's profit plunged 24.5% YoY to $158.9m in Q3

Weaker volumes in the gaming segment caused the drop.

Chart of the Day: Check out the top hotel investment transactions for 2019

Ascott Raffles Place’s 268 rooms sold for an average of $2.4m each.

Daily Markets Briefing: STI up 0.71%

Capitaland led the gains amongst top active stocks with a 1.91% rise.

Jardine C&C profits slip 9% to $838m in January-September 2019

Downturns in automotive operations in Vietnam and Indonesia led to the fall.

New life insurance premiums in Q3 dip 4% to $3b

Total sum assured for businesses grew by $1.3b.

Line maintenance expansion could buoy SIAEC from MRO competition: report

The firm is reducing the business’ man hours and improving turnaround time.

GIC buys tallest building in Beijing's Lize financial district

The firm will wholly own the property after the purchase.