News
CDL's unsold inventory hits 449 units worth $4.4b in 2018
CDL's unsold inventory hits 449 units worth $4.4b in 2018
The Jovell, launched in September 2018, sold only 14% of its 428 units as of 17 February.
Hotel RevPAR up 2.4% to $188.57 in 2018
It was driven by growth in market occupancy and ADR.
UOB's profits up 18% to $4.01b in 2018
Total income for their Retail, Wholesale Banking and Global Markets also rose.
Singapore's fintech investments reach record $468.78m in 2018: KPMG
Blockchain, insurtech and asset management are key priorities.
OCBC profit up 11% to $4.49b in FY18
Net interest income rose 9% to $5.81b.
Genting Singapore FY18 profits jumped 10% to $755.39m
Its average daily visitation reached over 21,000 in Q4.
Daily Markets Briefing: STI down 0.01%
Expect muted gains today.
Daily Briefing: Malaysian foreign minister says port limits issue quicker to fix than water concerns; 199 unlicensed PMDs impounded by LTA
And here’s why Sentosa is a better Bali according to CDL’s executive chairman.
Chart of the Day: Top transport stocks hit 9.7% in YTD total returns
The benchmark STI only hit 6.4% YTD.
Hotel investment deals hit three-year high at $518.7m in 2018
Investors are embracing hotel assets as the residential segment loses luster.
Domestic wholesale trade climbed 16.9% in Q4
Wholesale trade of petroleum products surged 43.2%.
ST Engineering's FY18 profits down 1.7% to $494.24m
It blamed the 39% drop in earnings from its land systems sector.
Keppel O&M unit to buy rig from Mexican driller for US$179m via sale and leaseback
Keppel has previously delivered ten such rigs to Mexico.
CDL's profits edged up 6.7% to $557.33m in 2018
The strong-performing residential segment offset a massive decline in its hospitality business.
Daily Markets Briefing: STI up 0.57%
Expect muted gains today.
Chart of the Day: Average gross rents for prime retail space in Orchard Road edged up 1.5% to $37.80 psf in 2018
This was generally supported by healthy occupancy rates of above 94%.
Daily Briefing: MINDEF to hire 300 cybersecurity experts; Grab unveils pet transport services
And 7 in 10 reported e-commerce scams in 2018 transacted in Carousell.
Read Here
Advertise
Sign Up
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia