News
Singapore Press Holdings Q2 profit crashed 24.9% to $40.19m
Singapore Press Holdings Q2 profit crashed 24.9% to $40.19m
It continued to face challenges in digital as media revenue fell 7.4% to $155.59m.
Chart of the Day: Properties sold en bloc since 2017 expected to yield 20,000 redeveloped units
Analysts warn of a supply surge in 2021.
Daily Briefing: Temasek eyes stake in China's HNA; 3 in 5 unemployed workers are women
And here's why HDB leases near expiry can only be saved by a bailout of a "wall" of cash.
Daily Markets Briefing: STI up 0.39%
Investors are urged to take caution today.
Lion City Rentals drivers slam Grab takeover
Sluggish response from the rental service has prompted some drivers to terminate their contracts early.
ST Aerospace bagged contracts worth $510m in Q1
The contracts covered services ranging from heavy maintenance to engine wash.
SIA inks media maintenance agreement with Thales
The deal will cover line maintenance, software and media content loading.
Circles.Life quietly eats up the telco market
Analysts think this helped M1’s mobile revenue growth to recover after a 3-year decline.
Law firms' real estate costs per worker hits $39,982
It is the third lowest amongst eight Asian cities Colliers International surveyed.
SGX eyes NSE collaboration in Gujarat
It will also list new India equity derivative products in June.
Chart of the Day: Banks' nonperforming loan exposures are higher outside Singapore
In Indonesia alone, UOB and OCBC have 4.9% and 3.7% NPL exposure.
Daily Briefing: MAS ready to tighten amidst trade risks; HDB chief suggests resale flats with shorter leases should be cheaper
And here's a fintech firm that gained US$20m as it develops a fintech chat app.
Daily Markets Briefing: STI up 0.48%
Expect some gains today.
Singapore reserves grew 10.52% to US$286.96b
Gold and forex reserves expanded 3.8% to $373.78b.
Construction bosses bullish on higher orders in 2018
Some of them eye projects like Changi T5 and the KL-Singapore High-Speed Rail.
Private condo resale prices in Districts 9 to 11 hit record-high in March
Prices rose 2.2% from last month thanks to demand for luxury homes.
Yanlord co-buys 2 land parcels in Tianjin worth $1.57b
The land parcels are slated for mixed-use development and will include amenities like schools.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform