News

Singapore to be cheque-free by 2025

The government wants to reduce cash and increase e-payments.

Great expectations: Here's why partnership gimmicks are not working out for telcos

Telcos expect a 16% revenue bump from partnerships, but only 30% have executed strategies with their partners.

Chart of the Day: Low home inventory weighs down project launches

Houses with sale licences in the range of 500 to 1,000 in early-2018.

Hotel revenue still down 20% from peak despite visitor surge

But recovery is on the way as soft growth is expected for new room supply.

Singapore's pool of foreign properties is now the largest in Asia

Strong cross-border capital flows drove overall commercial real estate investment activity to rise 16% YoY to $11.5b.

'Four is a crowd' in Singapore's telco market

Singtel said there will be room for consolidation.

Developer stocks down 4% amidst home price hikes

New home sales were down 38% in the first five months of 2018.

Dividends of Temasek-funded firms could jump 38.8% to $9.3b in 2018: report

DBS had the highest dividend in 2017 that amounted to $3.3b.

Carousell launches e-payment system CarouPay

It is the first financial service launched in collaboration with DBS.

2 bondholders drop lawsuit against Noble

The trader is currently in “constructive discussions” with the two.

SMEs' bullish on prospects for H2 despite global trade tensions

The business services sector is the most consistently optimistic whilst retail/F&B recorded improvements.

Government workers to get mid-year bonus and $300 lump sum payment in July

About 1,450 civil servants with lower wage will receive a one-off $500 lump sum.

Goldilocks backs Noble's restructuring plan

They've also teamed up to faciliate Noble's Middle East expansion.