News
Chart of the Day: See developing economies' largest investments in Singapore
Companies from the British Virgin Islands invested the largest at US$60b.
En bloc sales could drive construction costs higher
Singapore is now the fourth most expensive city in Asia to build in.
Economists divided over Singapore's higher GDP forecast
MTI raised its GDP projection to 2.5%-3.5% despite economic uncertainties.
Indian court extends blockage period on SGX derivatives products
The National Stock Exchange of India applied for an injunction order against SGX on 21 May.
Is IoT the ultimate driver of digital transformation?
Pick a market sector and the Internet of Things is present: manufacturing, smart cities, retail, transportation, healthcare, education.
Yongnam bags North-South corridor contract for $554m
It will build vehicle tunnels and a new facility starting Q2.
House of Tan Yeok Nee up for sale at $93m
It is the last-standing mansion built by Teochew tycoons in the 19th century.
Singapore is no longer the 2nd costliest Asian city
But luxury item prices continued to climb 2.4% from last year.
Credit financed 46.4% of Singapore's business-to-business sales
Businesses actively opt for trade credit as part of ‘common practice’.
Singapore NODX up 1.1% in Q1
Huge declines in electronics were offset by gains in non-electronic products.
Wilmar International bags loan facility of US$1.5b
It will be used to refinance its existing debt.
Daily Briefing: GDP jumped 4.4% in Q1; Go-Jek to invest US$500m into Singapore and 3 markets
And the 139-unit Landmark Tower was sold for $286m.
Daily Markets Briefing: STI fell 1.32%
Expect some muted gains today.
Chart of the Day: Housing prices dented inflation deeper in April
Prices of housing and utilities dipped 2.3%.
Brace for these price hikes in July
Prices of Changi Airport fees, water, and gas will rise.
Keppel reveals price of dredger contracts with Van Oord: $212m
It answered a query from the Singapore Exchange to disclose transaction details.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape