News
Noble plunged into US$4.94b loss in 2017
Noble plunged into US$4.94b loss in 2017
It blamed the US$3.24b non-cash reserve losses on fair value gains of commodity contracts.
Executive condo sites lure aggressive bids amidst supply drought
This was seen through the record-breaking top bids for EC site Sumang Walk.
Wilmar eyes China expansion
Management intends to further expand its businesses in rice, flour and related consumer products.
BCA halts Kingsford Waterbay development
Building works like windows, barriers, and common storey shelter strayed from building requirements.
Bank loans up 5.4% to $650.62b in January
Business loans led the growth with a 5.6% increase.
Keppel eyes construction of three semisubmersible drilling rigs at $560m each
If the deal pushes through, total contract value could go up to $2.3b.
CityDev Q4 profit crashed 23.4% to $186.7m
It lost the revenue boost from Hong Leong City Center that it got in 2016.
Singapore loans grew 8% in 2017 but still lagged behind Hong Kong
A robust economy and optimism in the property market are slowly narrowing the gap.
IHH recovers from loss with $34.15m Q4 profit
It continuously ramped up its hospitals that opened in 2017.
Chart of the Day: Business investments grew 2.2% after 15-month decline
Companies are more optimistic with plans of expansion and aggressive hiring.
Daily Markets Briefing: STI down 0.43%
Don't expect gains today.
Daily Briefing: PM Lee to reshuffle cabinet; Singapore bars communication in terror attack areas
And here’s why Singapore unicorn Sea Ltd shares plunged 20% since its overseas listing.
UOL Group 2017 profits jumped 210% to $891.01m
Its consolidation with UIC Group raised revenue.
Services sectors' sales up 8.6% in Q4 2017
The information & communications services industry grew 13.6% and led the sector’s growth.
Sumang Walk's EC development could yield 820 units
Since the site was sold for $509.37m, it could have a breakeven price of $1,000 psf.
Almost half of employers plan 3-6% wage hikes in 2018
The raises will be surely received by those with niche skills in sales, IT, and accountancy & finance.
Windy Heights up for en bloc sale at $806.2m
The site currently has four residential blocks of 192 apartment units, eight penthouses, and two commercial units.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape