News
Singapore consumer confidence evaporates with 10.7-point drop in H1
It’s the third biggest decline in the APAC region.
Stronger local currency squeezes Singapore banks' NIMs in 2Q16
Average net interest margin was at 1.74%.
Raffles poised to nab its maiden London hotel: Bloomberg
The building is located in Whitehall.
Metro’s net profit crashes 73.4% to $9.8m
Scrapped department stores and office buildings pulled earnings down.
CDL net profit creeps up 0.2% to $133.8m
Thanks to a robust property development business.
Singapore NODX stays stuck in negative territory with flat Q2 growth
Non-electronics expansion outpaced the electronics squeeze.
Straco's net profit dives 11.6% to $9.25m
Tourism attractions abroad are losing visitors.
Ezion’s net profit sinks 31.5% to US$19.8m in 2Q16
Deployment of additional service rigs pulled its earnings down.
HDB rents jump by 0.5% in July
1,653 HDB units were rented in the month.
Condo rents dip by 0.4% in July
An estimated 4,100 units were rented.
Weighted new business premiums spike 13% to $1.52b in H1
Market volatility pushed consumers to risk-averse options.
Singapore the most secure Asian nation for data privacy, says survey
The city-state was less risky than its rival Hong Kong.
Singtel’s net profit inches up 0.3% to $944m
Mobile data services boosted profit.
Chart of the Day: Are luxury apartment sales finally rebounding?
Only 131 apartments were sold in 1H16.
Daily Briefing: Singapore cuts GDP forecast; Swiber troubles show urgency
And stocks slip from one-year high.
Daily Markets Briefing: STI up 0.2%
Brace for a pullback today.
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Commentary
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