News

Ascott REIT's net profit up 7% to $63.1m in Q2

It was pushed by acquisitions in Singapore and Germany in 2017.

oBike's liquidators to hold meeting for creditors and users

They will provide updates on the company’s winding up.

Chart of the Day: Here's how 'offsetting' price movements spurred inflation

CPI-All Items inflation rose 0.6% in June from 0.4% in May.

SGX eyes listing of MOG firms in early development stage

They can join the Catalist starting 23 August.

URA orders ‘more detailed' survey on Airbnb-style rentals

It reported mixed views from its online consultation that ended 31 May 2018.

Singtel taps Swedish telco to launch 5G pilot network by Q4

It will be trialled in drones and driverless vehicles by late 2018.

Bank tellers are out, digital service kiosks are in for OCBC

By 2020, OCBC will cut half of its bank tellers and will replace them with its latest ATMs and digital service kiosks.

Singapore prices climbed 0.6% in June

Costs of food and services were higher for the month.

Sembcorp Marine's order pipeline could hit $3b in 2018

The biggest deal is an FPSO contract for Rosebank’s estimated to be worth US$2b.

Freehold site Sutton Place up for sale at $268m

It has five storeys that can be redeveloped into 198 apartment units.

4 in 5 Singapore employees want flexi work

But 55% fear it will interfere with personal time.

Philip Morris' low profit warnings put heat on Venture

The IQOS that Venture creates for PMI contributed 25% of 2017 revenue.

Ascott serviced residences could bolster CapitaLand Ascott's fee income by 50%

The 75,000-unit serviced residence has 31,500 units in the pipeline.