News

Chart of the Day: Singapore's electronics inventory hits 7-year high

But electronics exports are down, indicating a divergence between measures.

Daily Briefing: Singapore to get new F-16 fighter jets; Temasek unit buys stake in Indian ports for US$147m

And GIC invests US$250m in a joint venture to acquire US$2b worth of rental houses.

Daily Markets Briefing: STI up 0.34%

Gains on Wall Street could lift the local sentiment today.

PropNex Realty raises $38m from IPO

Its publicly offered shares were 24.6 times oversubscribed.

Twenty Anson sold 19% over value amidst rising interest rates

It sold the 20-storey office building for $516m.

DSTA inks deals with Airbus and Boeing for tech and analytics

The deals will result in projects for Singapore's air force and aircraft.

CapitaLand Commercial Trust sold Tanjong Pagar property for $516m

The 20-storey Twenty Anson has a total net lettable area of about 206,000 sq ft.

Ryde drivers lose $50,000 to over 2,000 “phantom bookings”

300 fake accounts also came from 3 IP addresses, one of which is linked to Grabtaxi Pte Ltd.

Electricity tariffs to climb 6.9% in Q3: SP Group

Costs will rise due to more expensive natural gas.

1MDB scandal origins linked to Goldman bankers' lunch in Singapore

About US$577m was syphoned from a bond sale that was discussed in a restaurant.

Singapore bank loans up 5.48% to $667.89b in May

Business and consumer loans grew 5.78% and 5.01% respectively.

Temasek joins $273.6m funding for US genomics firm

Helix will utilise the funding for expansion on consumer adoption of their products.

Capella Hotel Group to manage Regent Singapore in 2019

Four Seasons ended the 26-year management contract with the hotel owner.

Singapore's third desalination plant starts operations

It will increase the current desalination capacity from 100 mgd to 130 mgd.

Mobike launches deposit-free policy for Singapore users

It will be available to users registered with the phone number prefix +65.

These two banks are the most vulnerable to growing trade tensions

The Greater China region represented a fourth of one bank’s profit before tax.