News
SIA Engineering-NokScoot joint venture to kickstart in Thailand
SIA Engineering-NokScoot joint venture to kickstart in Thailand
The joint venture will commence operations in Don Mueang International Airport.
ST Engineering to close acquisition of MRAS in Q2
It already secured the anti-trust approvals for the deal.
Hyflux refutes SMI's claims on restructuring terms
It argued that SMI knew the terms of the deal before they were published on 16 February.
StarHub says goodbye to cable TV
It will offer seven new entertainment passes for different media categories.
HDB resale prices dipped 0.3% in Q1
Leases for older flats are still falling despite the introduction of the VERS and HIP programmes.
CapitaLand's China retail unit to sell CapitaMall Wuhu after shutdown
The mall has been closed since Q3 2018 following the exit of its anchor tenant.
Private home prices dipped 0.6% in Q1
Condo prices fell 2.9% in the Core Central Region.
Daily Markets Briefing: STI up 0.29%
Expect muted gains today.
Daily Briefing: Electricity tariffs down 4.7% for Q2; VC firm DSG Consumer Partners raises $30m
And Wirecard rejects the link between its compliance manager’s exit and fraud allegations.
Chart of the Day: Singapore CFOs salaries beat Asian peers
Singaporean CFOs in multinational companies (MNC) usually earn up to $620,000.
URA tenders residential-commercial site at Tan Quee Lan Street
The site can yield up to 580 residential units.
Middle Road and Sims Drive sites sold for $492m and $383.53m
They lured 10 and five bidders respectively.
SingPost fined $300,000 for dismal delivery service
It failed to deliver 99% of local basic letters within the CBD by the next working day over four months, amongst others.
Grab to open largest R&D centre in new HQ
The one-north property can house up to 3,000 employees.
ARA Asset Management buys mixed-use building in Australia's CBD
It plans to redevelop the 140,000 sqft property into a Grade A office tower.
Singapore bank loans grew 3.3% in February
However, consumer loans grew at the slowest pace since at least 2005.
ST Engineering may see $200m in sales and cost savings from Newtec buy: analyst
The earnings contribution may hit over $10m by FY21 and onwards.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform