News

En bloc hype slows down

En bloc hype slows down

Recent deals sold via private treaty after an unsuccessful public tender appear to bring fatigue.

Delayed worker levy hikes to buoy marine sector by $5m

Firms could save costs of $50-$100 per foreign worker.

Netflix and bill: the GST on digital services to hit consumers

Customers to be hit in the hip pocket as digital services like Uber and Spotify will be taxed from 2020.

Government mulls borrowing guarantee to fund massive infra projects

This could finance the KL-Singapore high speed rail and Changi T5.

Delayed GST hike to spur private consumption

GST will be raised to 9%, but government has not specified when this will be implemented.

Chart of the Day: GDP growth slumps to 3.6% in Q4

No thanks to a lacklustre +4.2% growth in exports.

SGX to unveil new Nifty products before August 2018

It is in talks with India's stock exchange to link overseas investors to local trading.

Nearly US$5b loss looms for Noble

No thanks to the disposal of its global oil and North American unit.

Dairy Farm net profit to hit $500m in 2017

Its strong sales in health and beauty division are likely to drive growth.

StarHub CEO buys shares worth $518,000

Chief executive officer Tan Tong Hai bought shares as the price hit a six-month low of $2.56.

Robobutlers: Singapore hotels replace workers with robots to deliver meals

They can ride the lift, and bring meals any time of the day.

Noble gets 3-year US$700m loan

It is also in talks with stakeholders to launch its restructuring plan.