News
Pressure mounts for vulnerable SGD as regional currencies stumble
Pressure mounts for vulnerable SGD as regional currencies stumble
It will experience greater weakness against the greenback.
Downtown Line 2 opening heralds bus, train fare rollback
Fares will be down by 1.9% in December.
Technical failure interrupts SGX derivatives market
Trading was halted for an hour and a half.
Singapore's hotel room rates jump 12.1% to $250.5 per night
It placed third in APAC’s costliest hotel fees.
Residents ditch SG50 celebrations in favor of foreign travel as long weekend rolls in
Outbound bookings surge on National Day weekend.
Manufacturing PMI tumbles back into negative territory in July
Manufacturers have become more bearish.
Chart of the Day: Real estate firms extremely downbeat on 2H growth prospects
19% of firms expect deteriorating business climate.
Daily Briefing: Is Singapore still relevant after 50? Taste for nostalgia hits local dining scene
And landlords' woes continue.
Daily Markets Briefing: STI down 0.3%
Expect more losses today.
Bank loans are the only thing keeping loss-making COSCO afloat
Its operating cash flow has been negative for 6 years.
Distressed SIA tells analysts: Mayday, mayday, mayday!
You’re more upbeat than we are, says management.
High Court dismisses interim injunction versus F&N in Myanmar Brewery spat
But the dispute is not over yet.
United Envirotech’s net profit crashed 84% to $3.7m in Q1
Profit fell short on back of weak engineering revenue.
GLP suddenly slashes China development targets due to leasing market weakness
Targets have been pushed back by almost a year.
Delinquent oil and gas portfolio threatens OCBC’s sturdy loan book
Two loans worth $150m went bad in Q2.
Jardine Matheson's net profit tumbled 13% to $973.4m in H1
Blame it on Astra's reduced rupiah earnings.
M1 attempts to lure data-heavy customers with new mySIM
Subscribers may keep their phones longer than usual.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform