News
Tourists expected to spend $27.1b in 2018
Tourists expected to spend $27.1b in 2018
Singapore is also projected to welcome 17.1 million visitors.
SBS Transit's full-year profits leap 50.3% to $47.13m
Revenue from public transport services rose 9.8% to $1.14b.
Singapore tourists splurged $26.8b in 2017
Tourists from China, US, and UK were the biggest spenders.
URA to tighten licence rules for non-resident developers
Developers will be required to open and maintain a bank account solely for the project.
Singapore's real estate investments rose 50% to US$15b
Large en bloc deals drove growth last year.
Retail sales up by 4.6% to $4.3b in December
It is pushed by sales growth on motor vehicles and computers.
LTA to allot $25m for testing advanced transportation tech
It is also exploring the use of automation and autonomous vehicles in the transport system.
9 in 10 firms unprepared to protect their data
Even if 70% of bosses are worried about data privacy compliance.
Frasers Hospitality to expand units to 30,000 by 2019
This could boost FPL’s growth for the year.
6 in 10 SMEs prioritise tech investments over fixed assets
Software to improve websites and develop mobile app are on top of the list.
Singapore may slam tax on e-commerce kings Amazon and Lazada
Eight of 12 economists think the new budget will include a new tax for online vendors.
Frasers Property Limited's net profit to fall 7.9% to $571m in 2018
This is due to the weakening of AUD/SGD exchange rate.
SGX looks to avoid India's Nifty licence limits
It plans to launch India-access risk management products for derivatives.
Daily Briefing: Check out the biggest loser amongst REITs; Ezion wins $1.5b refinancing package
And Bitcoin fights back as price rises above US$8,000.
Daily Markets Briefing: STI down 1.13%
Expect some bad news today.
Chart of the Day: Premium office spaces sell for $2,743 psf in Q4
Prime office yields remained largely stable in Q4.
Perennial Real Estate Holdings prepares for healthcare boon
Its medical hub is now 85% occupied.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape