News
Average household income up 4.9% in 2015 as wages rise
Average household income up 4.9% in 2015 as wages rise
Low-income households experienced the fastest growth.
Will ComfortDelGro’s profits get hammered by the weak British pound?
UK operations account for almost 20% of bottomline.
Factory output shrinks 0.5% in January, marking longest slump in almost four decades
This is the 12th straight month of contraction.
Changi Airport passenger traffic jumped 10% in January
Travel to all top markets increased.
Zurich Life Insurance debunks report of potential Singapore exit
It won’t divest its Asian business.
Jardine C&C’s net profit drops 16% to US$688m in FY15
Blame slow sales, forex woes.
ST Engineering’s FY15 profits dip 0.5% to $529m
Blame it on weak performance from its marine sector.
IHH Healthcare’s net profit jumps 17% to $273m in FY15
Thanks to robust performances in all its divisions.
Singapore rolls out $556m overhaul of outdated electronic road pricing system
The new system will be implemented in 2020.
MAS tweaks code on take-overs and mergers
It will provide more certainty in cases of competing offers.
Noble Group sinks into the red with US$1.6b loss in FY15
Extremely low coal prices are to blame.
SGX in preliminary talks to acquire London-based Baltic Exchange
It has submitted a non-binding bid for the company.
Chart of the Day: Property investment sales feared to slow as demand wanes
But bargains will arise as prices drop.
Daily Markets Briefing: STI down 0.63%
Expect some profit-taking today.
Daily Briefing: Singapore may relax some curbs this year; Singapore’s weak office market
And Ho Bee suffers impairment loss from Sentosa condo.
Cybercrime reigns as the most widespread form of fraud in Singapore: PwC
1 in 5 companies became victims since 2014.
Now hiring: Raffles Med’s staff costs to shoot up amid expansion
Its new hospital in Shanghai plans to hire 100 doctors.
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Commentary
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Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
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Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?