News

Chart of the Day: 4% of overseas investment in China flowed from Singapore

Majority of Singapore's overseas investment ends up in developing countries like China.

Daily Briefing: Blackstone buys La Quinta resort from GIC; PE firms struggle to fill space for directors

And here's why Malaysian PM Mahathir can't fully reject the high-speed rail project with Singapore.

Circles.Life's $0 plan could slowly erase telcos' wireless revenue

It launched a plan with 1GB of monthly data allocation, 30 minutes of voice, and 10 SMS.

CapitaLand to attach robotic product collector arms to Funan mall

It unveiled its plans that also involve a 24-hour click-and-collect shopping drive-thru.

Why developers are scrambling to innovate with AI now

Closed networks are out; open networks are in.

ComfortDelGro backs out of Uber deal

It will no longer acquire a 51% stake in Lion City Holdings.

Health care plans don't work for nearly 2 in 5 employees

Employers could not be getting a good return on their investments in health.

Services business receipts jumped 8.5% in Q1

The financial and insurance services sector led the growth at 14.2%.

Singapore manufacturing output up 9.1% in April

Growth was led by the electronics segment that has been in the black for 26 months.

Losses loom for Singapore banks as Hyflux struggles to stay liquid: Moody's

Half of the embattled firm’s debt comes in the form of unsecured bank loans.

SGX quizzed Noble on US$80.5m loss over derivatives

It was hit by the negative performance of some coal and carbon steel contracts.

Number of Changi Airport passengers jumped 5.1% in April

There were 5.43 million people that flew through the airport in the month.

GIC steps up as most active Asian PE investor

It had completed 11 deals in the first quarter of 2018.

Daily Briefing: Analysts back timing of investment in landed homes; Singapore agency loses licence for faking information

And here's a Singapore venture that launched a blockchain platform for hotels and malls.