News
Hyflux burdened by $916m impairment loss from Tuaspring and other assets
Hyflux burdened by $916m impairment loss from Tuaspring and other assets
It intends to commission a valuation of its assets to finalise its full-year 2018 results.
One-third of firms invested over US$1m in digital transformation: study
30% said their total spend on such products and servicers would grow by more than 10% in the next three years.
SBR International Business Awards 2019 is open for nominations
The search is on for the best international businesses in Singapore.
Daily Briefing: Pine Grove condo retries en bloc sale for $1.86b; Grab imposes $4 cancellation fee on customers
And Johor will stop buying Singapore's treated water supply.
Daily Markets Briefing: STI up 0.24%
The thawing US-China trade tensions may boost local sentiment.
Chart of the Day: Single-user factories will make up 64% of industrial property pipeline in 2019
It will make up approximately 11 million sqft in GFA.
Industrial leases leaped 14.6% to 10,473 in 2018
Occupancy rates edged up 0.4 ppt to 89.3% amidst an increase in monthly rents.
Retail investment sales crashed 43.3% to $1.42b in 2018
H2 2018 featured majority stake sales of major suburban malls, including I12 Katong and Westgate.
DBS rolls out ready-made portfolio with an initial investment of $1,000
It will be available to the banks’ wealth clients.
Jardine Matheson profits crashed 56% to US$1.73b in 2018
It was hit by restructuring charges from Dairy Farm’s Southeast Asia Food business.
City Developments buys UK freehold site for $27.5m
It plans to develop a 664-unit build-to-rent residential project at the 193,752 sqft site.
URA launches Clementi Avenue 1 residential site for sale via public tender
The 16,542.7 sqm site can potentially yield 640 residential units.
More than half of Singapore's CFO are willing to hire ‘job hoppers': poll
Job hopping is more prevalent in the finance and accounting industry.
Half of Singapore and Hong Kong investors believe the economy will improve in the next three months: survey
However, a global recession is expected in H1 2020.
GIC helped crypto exchange Coinbase raise US$300m: report
The funding boosted Coinbase’s valuation to US$8b.
Singapore still waits for timing of 2% GST hike
It is still monitoring economic conditions as well as expenditure trends and revenue buoyancy.
Daily Briefing: Singapore dollar to strengthen amidst US-China trade truce; US-based hacker-powered security platform HackerOne expands to Singapore
And Singapore-based online luxury marketplace Reebonz faces Nasdaq delisting.
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