News

MAS to limit OTC derivatives trading to bourses

The rules will cover popular derivatives like interest rate swaps.

The ship is sinking: Sembmarine lost nearly $35m in Q4

The poor performance of its rigs business pulled revenue down by 41.8%.

Digital products to boost Singapore GDP by $13.2b

Bosses are seeing greater profits and productivity after their firms upgraded to digital.

StarHub profit woes intensify on subscriber losses

It expects services revenue to dip 1-3% as its post-paid base shrank 1.4% in 2017.

C&W tenders Jalan Molek-Guillermard Road site for $99m

The site with 15 two-storey terrace houses can be redeveloped for residential and institutional use.

Artificial intelligence feared by 70 % of Singaporean firms

70% of firms worry about their ability to adapt to this technology.

Home sales rose 21% to 522 units sold in January

The property market opened the year on a high note.

Auto sales to slam the brakes as riders turn to Uber

Commercial and passenger vehicle registrations are forecast to plunge by 20% and 6.5% respectively.

Chart of the Day: Budget balance rose over 2 years

Thanks to contributions from the Statutory Board and stamp duties.

Daily Markets Briefing: STI down 0.33%

Business sentiment has been largely subdued.

32,000 households struggled with mortgage arrears

Households cannot pay because of lower income, illnesses, and unemployment.

Competition watchdog rejects Uber-ComfortDelGro joint venture

The Competition Commission of Singapore listed 10 issues that require further in-depth assessment.

En bloc hype slows down

Recent deals sold via private treaty after an unsuccessful public tender appear to bring fatigue.

Delayed worker levy hikes to buoy marine sector by $5m

Firms could save costs of $50-$100 per foreign worker.

Netflix and bill: the GST on digital services to hit consumers

Customers to be hit in the hip pocket as digital services like Uber and Spotify will be taxed from 2020.