News

Spot gold prices fall over 4% since one-year high

Investors are looking at cryptocurrencies instead.

Brazillian rig builder Sete Brasil's revival could boost Keppel and Sembmarine

Its total provisions made for Keppel and Sembmarine were $230m and $329m.

Singapore property vendors' optimism highest since 2015

This led to a 4% rise in asking prices in the central business district.

Collaborative firms are buoyant in the fintech market

Fintechs that partner banks rather than compete have seen a 138% increase in funding.

Telcos hit by falling data subscription rates

Mobile revenue could fall 13.6% if they don't monetise data usage.

Singapore CPI up to 0.4% in October

Food and private transport were the biggest risers.

Price wars savage telcos' average revenue per user

Lower revenues in voice, IDD, and roaming usage are all factors.

Sembcorp Marine profits could rise 56% in 2019

With $2.5b in new orders pending, 2018 could be a big year.

Changi Airport passenger traffic up 8.1% to 5.16m in October

Traffic from India posted the largest increase.

Singapore GDP expected to grow by up to 3.5% in 2018

The outlook for the construction sector is bleak.

Keppel bags $1b worth of orders

Its mothballing exercise is at the tail-end.

Singapore's GDP growth hits three-year high at 5.2% in Q3

The manufacturing sector's 18.4% expansion was the main growth driver.

Telco giants post bleak performance in Q3

All three major telcos reported weaker earnings this quarter.

Chart of the Day: Number of available homes could fall to 4,900 next year

Enbloc deals could lead to the demolition of 3,000 units.