News
Deadline for execution of Hyflux's Tuaspring deal extended to 29 November
Deadline for execution of Hyflux's Tuaspring deal extended to 29 November
Maybank, Tuaspring’s only secured creditor, approved the extension.
COE premiums for small cars rose 10.34% in November bid
Premium rates for large cars increased by $1,000 to $32,302.
SIA Engineering Q2 profits down 1.55% to $38m
It blamed lower airframe and fleet management revenue.
Chart of the Day: CBD Grade A office rents inched up 4.3% in Q3
Rents may be hit should stock market blues continue as it will result to reduced demand from finance sector occupiers.
Daily Briefing: Fintech startup Fundnel gets green light from Malaysia; Temasek joins $205m funding for Brazilian VC fund
And vegan consumer platform abillionVeg raises $700,000 from eight investors.
SME arrears rise in Q3 as trade war deepens: study
Delayed payments were most evident in the commerce-wholesale and transport/storage sectors.
Grab clinches $68.6m from Thailand's KASIKORNBANK
It will introduce its co-branded mobile app GrabPay by KBank in Thailand in 2019.
Singaporeans are less satisfied with their credit cards in 2018
Overall satisfaction levels fell by 9 points to 718.
Physical meets digital in CapitaLand's new NomadX store
The 11,000 sqft space will feature physical outlets of online retailers such as Alibaba’s Taobao and Style Theory.
Singtel's Q2 profits plummeted 77% to $667m
It blamed a $48m exceptional loss mainly consisting of staff restructuring costs.
HDB resale prices down 0.2% in October
HDB Executive prices slipped 2.2%.
Government expands MediShield Life into three new areas
Eligible patients who feed intravenously can claim up to $1,700 monthly.
ONE Championship to invest up to US$50m to launch Asian eSports championship series
ONE eSports will feature multiple game titles and hold eSports events across Asia.
Daily Briefing: Singapore chips in for Asia's superapp charge; Staff costs in DBS slipped 1.5% in September
And cross-border payments startup Wallex secures remittance licence from MAS.
Daily Markets Briefing: STI up 0.15%
Expect muted gains today.
Chart of the Day: Office and mixed-used property sales crashed 28.3% to $3.83b in Q3
Average deal sizes were lower compared to Asia Square Tower 2 sold in Q3 2017.
foodpanda launches pick-up feature for pre-orders in 2,000 restaurants
Customers using Pick-Up will not incur delivery fees and adhere to order or location restrictions.
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Commentary
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
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Singapore’s SMEs are embracing AI, cybersecurity must keep up.
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