News

ThaiBev rides on holiday cheer as Q1 profits set to rise 11%

Its SABECO operations continue to show positive results after completing its restructure process.

CBD Grade A office rents surged 14.9% in 2018

Rents in Shenton Way/Tanjong Pagar jumped 18.4% to $9.53 psf pm in Q4.

ComfortDelGro profits up 0.6% to $303.3m in 2018

Losses from its taxi business were offset by earnings from its public transport services business.

SATS Q3 profits edged up 3.5% to $68.9m in Q3

The increase was due to revenue improvements in both its food solutions and gateway services.

Singtel's Q3 profits slid 14.2% to $823m

It blamed lower NBN migration and an increased shift from voice to data services.

Daily Markets Briefing: STI up 1.36%

Continued optimism on US-China trade talks may boost local sentiment.

Singapore trails only behind Netherlands in readiness for driverless cars: KPMG

The Lion City’s test town for driverless vehicles is complete with traffic lights and a rain machine to recreate stormy tropical weather.

Property investment sales dropped 6.2% in 2018

It was dragged down by the lack of big-ticket investment deals.

Private home prices rose 7.9% in 2018 despite property curbs

A high number of new private homes sold at relatively high prices in H1 2018 drove the hikes.

Old HDB flats weather depreciation better than condos: NUS study

They enjoy constant upgrading from the government’s Home Improvement Programme.

Over 3,000 HDB flats for sale in first BTO tranche

Of the 3,739 flats, 3,162 are BTO units whilst 577 are ROF.