News
SATS Q3 profits edged up 3.5% to $68.9m in Q3
SATS Q3 profits edged up 3.5% to $68.9m in Q3
The increase was due to revenue improvements in both its food solutions and gateway services.
Singtel's Q3 profits slid 14.2% to $823m
It blamed lower NBN migration and an increased shift from voice to data services.
Daily Markets Briefing: STI up 1.36%
Continued optimism on US-China trade talks may boost local sentiment.
Chart of the Day: Office supply pipeline could hit 704,000 sqft in 2019
About 148,000 sqft will be completed in the CBD.
Daily Briefing: Median monthly household income up 3% in 2018; European Parliament OKs EU-Singapore free trade agreement
And AVA mulls to review regulations on pet boarding businesses.
Singapore trails only behind Netherlands in readiness for driverless cars: KPMG
The Lion City’s test town for driverless vehicles is complete with traffic lights and a rain machine to recreate stormy tropical weather.
Property investment sales dropped 6.2% in 2018
It was dragged down by the lack of big-ticket investment deals.
Private home prices rose 7.9% in 2018 despite property curbs
A high number of new private homes sold at relatively high prices in H1 2018 drove the hikes.
Singapore's visitor arrivals jumped 6.2% to 18.5 million in 2018
Tourism receipts also inched up 1% to $27.1b.
Old HDB flats weather depreciation better than condos: NUS study
They enjoy constant upgrading from the government’s Home Improvement Programme.
Over 3,000 HDB flats for sale in first BTO tranche
Of the 3,739 flats, 3,162 are BTO units whilst 577 are ROF.
SGX securities market turnover value declined 26% to $21.7b in January
Its securities daily average value fell 26% to $986m.
Private condo rents up 1.9% in January
Rates in the RCR rose 2.3%.
Frasers Property Q1 profits surged 76.1% to $145.59m
It was boosted by the sales and settlements of its residential development projects in Australia and China.
HDB rents grew 0.3% in January
HDB 5-room rental rates inched up 1.2%.
Daily Briefing: Divergence of property prices fueled by ‘euphoric' sentiments; oBike to ditch bike sharing for e-scooter services
And here’s how Singaporeans could enjoy automated immigration clearance in New Zealand.
Chart of the Day: Average prime condo rents up 2% in 2018
Demand came from displaced homeowners and tenants of en bloc sale sites.
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