News

Why it's too early to panic about property oversupply

Why it's too early to panic about property oversupply

The trend now is for every unit taken out from en bloc deals, three to four redeveloped units replace it.

Asian sugar giant invests $134.89m in Olam subsidiary

The two are looking for opportunities in sugar milling and refining in Indonesia.

StarHub acquires cryptographic tech firm for $122m

It wants to have capabilities for solutions in cryptographic and digital security.

Singapore NODX up 9.1% in November

Both electronic and non-electronic exports increased.

Nine in 10 SMEs succeeded in applying for debt financing

But arrears from customers remain a challenge.

933 private homes and condo units sold in November

Only an executive condo, Parc Botannia, was able to sell above 100 units.

SIA Group's passenger load factor rose 3.5 ppt to 80.7%

Overall cargo load factor (CLF) was 4 ppt higher as demand outpaced capacity changes.

MAS enforces new credit cap

Financial institutions can refuse individuals with debts amounting to six times their monthly income.

Export growth to slow down to 9.4% in November: Moody's

Electronics exports have been on a decline since May.

Stressed Singaporean employees are least likely to ditch their jobs: survey

Moreover, they put in longer working hours due to motivation.

Three in four Singaporeans unaware of hidden costs in money transfers

Banks charge $30-40 for both upfront fees and exchange rate markup for an overseas transfer of $1,000.

Singapore M&A activity up 3.9% to $119.82b in 2017

18 deals above US$1b had a total value of US$46.2b.

Oxley buys Vista Park for $418m

It intends to redevelop the property and upgrade its 99-year lease.