News

Singapore's improvements in livability are the ninth best in Asia

From 1998 to 2018, it improved its livability score by 4.7%.

Lawsuit delays slashed Keppel's $290m gain from marina firm sale

Keppel was now only able to complete the deal after a minority shareholder blocked the sale.

Singapore law allows creditors to avoid losses from bank failures: Moody's

Buffers for bail-ins only comprise 1%-2% of Singapore banks’ assets.

This CEO's remuneration package soared 119% in 2017

He received $12.02m after the company’s profits soared due to high sales.

Construction lagged other sectors in fulfilling arrears in Q1

But the proportion of slow payments dipped to 49.14%.

SGX RegCo calls Midas Holdings' executives to resign

It found that executive officers made guarantees for the company’s illegal bonds and hid related lawsuits.

Chart of the Day: Electricity tariff for April to June 2018 raised 2.8%

This is mainly due to the higher energy cost of producing electricity.

Daily Markets Briefing: STI up 0.08%

Expect bad news today due to uncertainties in trade policy.

Homegrown firm Ryde enters the ride-hailing fray

It launched a new private-hire car service with its 55,000-strong fleet.

Singapore PMI expands 0.3 point to 53 in March

The growth was caused by higher factory output, new orders, and new exports.

MAS raises April Singapore savings bond size to $200m

It cited two bond issues in 2018 that were oversubscribed for over $171m.

New Enterprise Singapore launches services for firms

It merged two grants into a single development one that will be available from October 2018.

MAS writes guide for financial institutions' ethical AI use

The guide is targeted for completion by the end of 2018.

Lazada Singapore to develop e-commerce courses for entrepreneurs

Over 1,000 people are expected to complete the courses between April to December 2018.

M1 braces for lower margins amidst new business growth areas

It is eyeing growth of ICT and digital services, which comprised 1-2% of total revenue.