News
Chart of the Day: Can Singapore banks handle credit growth in 2018?
Loan/deposit ratios remained below 100%, allowing the banks to accommodate credit growth.
Daily Briefing: Carousell to launch digital wallet; Singapore-grown SEA's e-commerce losses doubled
And here's what you could have missed on Noble's debacle with shareholders and creditors.
GIC, Frasers Property, and JustCo invest $237.89m to develop co-working spaces
The investment will help JustCo expand into eight other Asian countries.
Wilmar looks to rice and flour to offset soybean business weakness
It is looking to grow its rice and flour segment, which accounts for 10% of the oilseeds and grains.
ERA Realty Network launches Grab-like feature for property agents
Users can search and choose online agents that they can connect with in real time.
SIA passenger load factor up 1.9 ppt to 82.7% in April
Its passenger carriage of 8.6% beat capacity injection at 4.3%.
Noble Group Q1 losses shrank 45% to US$71.55m
Disposal of its assets resulted in the retirement of US$3b revolving credit facilities.
LTA to buy 100 3-door buses
They will be deployed on the road in 2020.
Transport management startup VersaFleet raises $2.8m in pre series A funding
It automates delivery and pickup tasks for nearly 100 companies.
Private home sales soared 68.1% to 1,325 units in April
Rivercove Residences sold 512 units and bolstered this month's sales figure.
OUE's exposure to mutual fund screwed Q1 profits
The company, which lost $8.13m from the fund, said it is subject to market volatility.
First Resources Q1 profit crashed 42.8% to US$27.73m
It was hit by the effects of inventory build-up and lower average selling prices.
Golden Agri Resources Q1 profit slumped 68.4% to US$11.85m
It was hit by lower production output and softer crude palm oil prices.
Automotive marketplace Carro drives away with $60m in Series B funding
The funding will be used to strengthen its presence in emerging markets.
Chart of the Day: Online shopping to grow 13.6% over 2018 to 2022
It is poised to beat store-based shopping, which is only projected to grow 1.5%.
Daily Markets Briefing: STI down 0.22%
Expect some gains today.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape