News
DairyFarm's new CEO shuts down lossmaking stores in Singapore
DairyFarm's new CEO shuts down lossmaking stores in Singapore
This is part of the strategy to revitalise Southeast Asian stores and hopefully, sweeten profits again.
SIA's ancillary revenue to get boost from e-commerce joint venture
The e-commerce platform will target SIA’s Krisflyer members and its 30 million passenger base.
Trump to Singapore's Broadcom: "You're a national security risk"
Singapore's companies on notice that they could pose a national security risk to America.
Daily Briefing: SGX eases dual-class share rules to lure tech IPOs; Singapore turns to venture debt for funding
And here's Standard Chartered's new MD who moved in after spending five months in rival Safra Sarasin.
Chart of the Day: Hotel supply growth expected to dip to 1.2% in 2018
Should it hit 1.2%, this will be the lowest since 2007.
Developers' whopping profits beat S-REITs' earnings
The FSTREH’s 23.8% growth is larger compared to the FSTREI’s 12.8% rise even after Fed hikes.
Singtel closes deal with Bharti Airtel
Singtel paid $539.4m to raise its stake in the company to 39.51%.
Golden Gate Ventures raises US$100m fund
The new fund is expected to have a first close before the end of this month and the final close by the end of 2018.
Keppel to build Awilco's mid-water rig for US$425m
It will be used for operations in harsh environment like in Norwegian Continental Shelf.
Retail sales dropped 8.4% in January
Total retail sales value also dropped 9.3% from $4.3b to $3.9b.
Singapore's big developers vulnerable to shocks amidst rising debt
In 2007, Singapore developers’ debt was only around 6% of the GDP, whilst in 2016, it has more than doubled to almost 14%.
ST Engineering tests pollution-filtering bus stop
It will test the bus stop for 12 months in front of Dhoby Ghaut MRT Station from March 2018.
SGX partners with fintech firm to launch cloud network for listed companies
Companies will be soon be able to communicate with analysts and investors, monitor sentiment, and compare industry performance.
OCBC could gain $608m after Great Eastern Malaysia sale
Analysts also expect a special dividend should it sell 30% of its stake.
Goldilocks backs SGX's compliance order on Noble
But others are sceptical of an independent advisor’s impact on the deal.
Chart of the Day: See how the hospitality industry weakened over the past 12 years
Negative changes in revenue per available room at started in 2013.
Daily Briefing: StanChart-owned investor offers Tat Hong privatisation for $376.6m; Grab eyes bike-hailing app launch
And here's why Singaporean developers are vulnerable to profit shocks.
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SG60: What the next 10 years have in store for Singapore’s investment landscape