News

Chart of the Day: Balance of payments surplus slips to $4.4b in Q2

It fell by $12.6b compared to the previous quarter.

GLP acquires Hallmark International Investment for $165.7m

Hallmark’s net tangible asset value is worth $61m.

Singapore's headline inflation rate rises 0.6% in July

Retail and water prices caused inflation to rise.

Telcos' postpaid revenues slump 7% in Q2

Subscribers are preferring sim-only plans.

ComfortDelGro in talks with Uber for potential exclusive deal

The group's taxis could be made available on Uber's app.

Will Sembcorp sell its marine business?

It is currently undertaking a strategic review of its businesses.

CapitaLand forges alliance with Alibaba

It will launch an exclusive online mall on Lazada Singapore.

Export recovery to boost GDP growth above 3%

Electronics exports and re-export trade appear to be strengthening.

Hotel room supply to grow 4% this year

This is lower than the 5.9% projection last quarter.

OCBC's net profit to grow 3%

This will be on the back of higher loan growth.

CapitaLand opens US$300m private fund

This will be for its expansion in Vietnam.

Scoot taps Worldpay as exclusive payments provider

The airline has seen payment acceptance rates soar to 90%.

Daily Markets Briefing: STI up 0.52%

The gains on Wall Street could bring some cheer to the local markets.

Three trends seen in REITs' Q2 earnings reports

One is the apparent bottoming out in the office sector.