News

Chart of the Day: Late-stage capital rounds snap 45.8% of fintech funding in H1

This bucks the trend that startups are only receiving seed funding.

HRtech gains ground as Singaporeans embrace mobile in job hunting

Nearly a fourth have relied on a smartphone app to apply.

Half year net office take-up hits seven year high at 879,000 sq ft

This is about 75% higher than the five-year average (2013-2017).

Small car COE premium hits $33,798

Open COE premiums also rose to $33,420.

Private condo rental volume jumped by 4.7% in July

Prices were flat, as June was a lull for market activities.

Chart of the Day: Singapore nabbed Asia's fintech crown from Hong Kong in 2017

Total fintech funding hit US$983.6m in 2017 versus Hong Kong's US$596.8m.

Frasers Property Q3 profits down 8.6% to $182.41m

It blamed the timing of the sales and settlements in four of its major markets.

Keppel ends management deal with Baku Shipyard

It cannot meet the new operational requirements of the shipyard's development.

Singapore public hospitals cave under pressure of overcrowding

Average daily bed occupancy rates for public hospitals is at 85%.

ST Engineering profits up 10% to $117.5m in Q2

Its order book hit $13.4b, boosted by new orders in Smart City spaces.

CityDev Q2 profits ballooned 79.5% to $204.79m

It achieved stellar sales in Singapore and China.

Fraser & Neave Q3 profits dropped 12.4% to $50.3m

Profits of its beverages and publishing businesses fell.