News

CDL's profits edged up 6.7% to $557.33m in 2018

CDL's profits edged up 6.7% to $557.33m in 2018

The strong-performing residential segment offset a massive decline in its hospitality business.

Daily Briefing: MINDEF to hire 300 cybersecurity experts; Grab unveils pet transport services

And 7 in 10 reported e-commerce scams in 2018 transacted in Carousell.

Haulio's Grab-like app for haulage companies launches in Singapore

Its system will also integrate with a cloud platform for depot operators and freight forwarders by end-2019.

COE premiums close mostly higher in latest bidding exercise

Open category vehicles recorded the highest price increase by $1,357.

Poll: Seven in 10 Singapore executives made business decisions based on inaccurate data

Only 27% of firms agreed they could trust that their finance teams identified all errors to ensure they are reporting accurately.

PropNex absorbs 400 salespersons from Global Alliance Property

Century21 license holder CREG will focus in real estate developments in China.

Sembcorp Marine's Q4 profits sink 94.9% to $5.93m

It blamed losses from the $34m sale of a semi-submersible and continued low business volume.

Great Eastern profits crashed by 29% to $1b in FY18

Operating profit growth from Insurance Business countered its decline.

Singapore bank ROEs to hit over 11% in 2020

Thanks to the shift towards fees and commission in the non-interest income mix.

Daily Markets Briefing: STI down 0.19%

Ongoing US-China trade negotiations may boost local sentiment.

DBS cost-to-income ratio to ease to 43% in 2019

Cost-to-income ratio will dip to 43% from 46.3% in 2018.

Foreign worker policies spur short-term pains for food, retail, and rentals

The dependency ratio ceiling for foreign workers will be cut from 40% to 35%.

StarHub's cybersecurity venture may wipe out $30m in staff cost savings

The firm's cybersecuty business was hit by a $12m NPAT loss in Q4.