News

MAS and SGX unfold blockchain technology for tokenised assets

It will simplify post-trade processes and shorten settlement cycles.

Genting Singapore Q3 earnings underpin higher final dividend in Q4: analyst

Earnings growth is still possible amidst a slowing Asian casino market, an analyst said.

Tourism receipts slipped 1.7% to $6.6b in Q2

The decline was led by the 22% YoY decrease to $1.26m in shopping.

SATS Q2 profits down 9% to $65.7m

It continued to be hit by the absence of the $7m gain from the disposal of SATS HK.

Genting Singapore Q3 profits up 25% to $210.41m

Average daily visitors hit over 22,000 thanks to the stronger performance of its attractions.

Singtel's headwinds will persist unless ICT segment recovers: analyst

Its core mobile business remains lethargic amidst Telkomsel’s positive contributions, an analyst said.

Deadline for execution of Hyflux's Tuaspring deal extended to 29 November

Maybank, Tuaspring’s only secured creditor, approved the extension.

COE premiums for small cars rose 10.34% in November bid

Premium rates for large cars increased by $1,000 to $32,302.

SIA Engineering Q2 profits down 1.55% to $38m

It blamed lower airframe and fleet management revenue.

Chart of the Day: CBD Grade A office rents inched up 4.3% in Q3

Rents may be hit should stock market blues continue as it will result to reduced demand from finance sector occupiers.

SME arrears rise in Q3 as trade war deepens: study

Delayed payments were most evident in the commerce-wholesale and transport/storage sectors.

Grab clinches $68.6m from Thailand's KASIKORNBANK

It will introduce its co-branded mobile app GrabPay by KBank in Thailand in 2019.

Singaporeans are less satisfied with their credit cards in 2018

Overall satisfaction levels fell by 9 points to 718.