News

Daily Briefing: $350 progressive wage increase for 3,000 landscape employees gets green light; Grab in talks to invest US$100m in Indian hotel startup Oyo

And government agencies amp up checks on food establishments providing catering services during the festive season.

LTA to roll out six month on demand public bus trial

Commuters can be picked up and dropped off at any bus stop in Joo Koon and Marina-Downtown.

7 in 10 Singapore women worry about affordable healthcare after retirement

2 in 5 of them are either not checking how much they've put in for retirement or have no contributions at all.

SGX launches high-grade iron ore derivatives

Its swaps and futures will reference the 65% Fe Brazilian fines index, CFR Qingdao.

SGX inks deal to help investors capture Belt and Road Initiative opportunities

The parties will develop an index for investors to track investment options related to the BRI.

Singapore placed 10th as most visited destination

The lion city is most popular amongst travellers from the UK thanks to its cuisine and heritage.

Grab pilots monthly savings subscription programme

Users can use vouchers worth $100 on Grab’s food services for $7.99 monthly.

Hospitality sector could get a RevPar boost by 2019

A muted supply increase in hotel rooms combined with the rise of demand from the leisure segment could work well for hotels' RevPAR.

Daily Markets Briefing: STI up 0.26%

The trade war truce may boost sentiment.

SGX cautions on what to observe when conducting share buy-backs

Firms should not carry out buy-back operations two weeks after releasing their quarterly financial statements.

Bank lending in October up 3.41% to $671.74b

Business loans grew by 3.35% due to a steep 10.53% climb in building and construction loans.

URA releases four sites for sale under the second half 2018 GLS programme

The four sites can yield about 1,915 residential units altogether.

SGX's proposed review changes may hold IPO managers to higher standards

Issue managers must be independent from the firm listing on the mainboard.