News
Chart of the Day: Property buyers from Taiwan and Korea grew in Q1
But China remains as the top foreign property buyer in the country.
Daily Briefing: HDB mortgage interest rates to hold firm in Q3; Cityneon Holdings bags CITIC Capital funds for China expansion
And check out how much can employees earn in Citi Singapore.
UOB to reduce reliance on Singapore
Nearly half or 40% of total group operating profit already comes outside Singapore.
Edtech startup Geniebook raises $1.5m in pre-series A funding round
It will expand its data science and curriculum team to upgrade its learning platform.
SingPost ties up with Synagie to provide on-demand warehousing
SMEs can acquire integrated warehousing services on a pay-as-you-use basis.
Condo rents rose 2.4% in April
Rents in the CCR led the increase at 2.8%.
EC World REIT buys Fuzhou E-commerce properties for $220.97m
The 214,284-sqm property has a three-storey warehouse and two 14-storey support buildings.
Hyflux refutes reports of Utico's binding offer submission
It only received a draft from the Middle Eastern utility’s advisors.
Singtel's profits crashed 43.5% to $3.10b in FY2019
Its underlying net profit dipped 21% as its Airtel business continued to incur losses.
Sembcorp Industries' profits jumped 21% to $93m in Q1
Its profit from its energy business grew 21% to $85m. Sembcorp Industries started the year on a positive note as profits climbed 21% YoY to $93m in Q1 from $77m in the same period a year ago, thanks to the improved performance from its energy business.
ST Engineering's Q1 profits grew 11% to $131.1m
Its aerospace sector recorded a 6% profit increase to $62.7m.
honestbee to hit the brakes on food delivery services on 20 May
About 400 delivery partners will be affected.
City Developments profits surged 133.8% to $199.56m in Q1
The $144.3m pre-tax gain from the Manulife Centre divestment pushed up earnings.
Daily Markets Briefing: STI down 0.33%
Investment sentiment will likely remain cautious.
Chart of the Day: Rental transaction volume up 4.9% to 21,426 in Q1
There were less vacant flats in Q1, pushing up occupancy rates to a five-year high.
Daily Briefing: Temasek and UOB invest US$200m in venture debt firm InnoVen Capital; Blockchain monitoring startup Merkle Science raises $1.1m in seed funding round
And investment holding company UMS to acquire shares in JEP for $6.58m.
Commentary
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?