News
Here's why high exposure to foreign currency is a bane for Singapore banks
Here's why high exposure to foreign currency is a bane for Singapore banks
Their dependence on foreign funding and external debt levels makes them 'more vulnerable' amidst the trade wars.
GIC sells 50% stake in Sydney skyscraper for $889m
Chifley Tower houses Snapchat, Blackrock, Morgan Stanley, and UBS as its tenants.
CPF retains ninth spot in world's biggest pension funds
It lagged behind Asian counterparts South Korea's National Pension and China's National Social Security.
UOB prices $796.76m bonds at 0.25%
They are expected to be issued by 11 September.
Singapore and Hong Kong private banks wage war for wealth managers to lure Asia's crazy rich
Banks are willing to offer pay hikes between 30-45% to secure the best talent.
Public transport operators may pose fare hikes up to 4.3%
Hikes in energy prices and public transport workers' wage were taken into consideration.
Manufacturing PMI inched up 0.3ppt to 52.6 in August
Electronics PMI also expanded by 0.4 ppt to 52.0.
Chart of the Day: High-end condo price hike dipped 1% in Q2
High-end units were priced at $2,400 psf, on average.
Daily Markets Briefing: STI down 0.2%
Don't expect gains today.
Daily Briefing: Malaysia and Singapore to postpone HSR for two years; Transport minister says old HDB unit prices can still increase in 10 years
And US accelerator eyes travel and hospitality vertical for Singapore startups.
Grab eyes US$1b additional funding for 2018
This would be on top of the US$2b they secured in earlier funding rounds this year.
Bank lending growth jumped 10% in July
It was backed by stronger loan growth in manufacturing, transport, and business services.
Lively R&D could offset Venture's production weakness
Its R&D could sustain its elevated activities in the coming quarters.
Here's what could have triggered the 9.8% hike in condo DC
The biggest hikes were recorded in Sector 43 which saw few en bloc and GLS site sold at prime prices.
ST Engineering bags add-on Jet Airways maintenance contract for $479m
It will cover the entire 80 737NGs fleet for Jet Airways and subsidiary Jetlite.
Chart of the Day: 2,226 condo units sold in H1 cost less than $2m
952 units were sold for less than $1m.
Daily Markets Briefing: STI down 0.94%
Wall Street gains could uplift the local bourse today.
Read Here
Advertise
Sign Up
Commentary
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.
Game theory in the Gulf: Why Singapore should watch the Middle East carefully
When AI becomes the front door: How marketing in Singapore will really change in 2026