News
Small businesses' growth in Singapore is the worst in Asia
Small businesses' growth in Singapore is the worst in Asia
Only 47.5% think they grew in 2017, significantly lower than the 68.5% average in the Asia Pacific.
Noble paid US$20m to keep senior staff in US oil unit
In their breakdown, there was a lump sum payment of $3.8m and a loan written off for $3.82m.
Daily Briefing: Singapore probes firms that sold luxury goods to North Korea; UOB is on a hiring spree
And this popular Singapore mall is attempting an en bloc sale for $1.1b.
Daily Markets Briefing: STI down 0.4%
Rising fears of a trade war could weigh local outlook today.
Chart of the Day: Home sub-sales hit 11-year low in 2017
The number of speculative activities has receded over the years.
1 in 5 fintech firms think Singapore doesn't attract enough venture capital
These companies rely on Singapore to attract funds that will allow risk-taking.
Can Perennial revive the ageing Capitol?
An analyst thinks the property could be valued at $1.143b but only if PREH works hard to revive it.
Brace for Netlink NBN's network dominance
It’s the only fibre network operating 76,000 km of fibre cable, which has nationwide coverage.
MAS to enforce new data collection rules
It aims to reduce data duplication and automate financial institutions’ submissions.
Uber unveils carpooling service
Rides will be 51% cheaper than UberX rates.
156 banks in Singapore target inclusive hiring
They will comply with an advisory that also covers HR issues like the impact of technology on workers and retrenchments.
OCBC opens AI unit with $10m investment
Its services in wealth advisory and loans financing are bracing for AI upgrades.
Rental volume of HDB flats and private condos crashed in February
The rental volume of private condos fell 20.4%, whilst the volume of HDB flats rented fell 19.1%.
Economists raise GDP forecasts to 3.2% in 2018
They are more positive thanks to manufacturing growth but are also more worried by a possible global trade war.
Noble inks debt restructuring agreement
It will get a new three-year US$600m trade finance and a US$100m hedging facility.
Frenemies at the gate: Why Trump blocked Broadcom's takeover
Analysts warn that Singaporean companies linked to China will bear the brunt of an ongoing ‘economic war’ with the US.
Grab launches lending services for Southeast Asia
The services will tap into the “huge cache” of customer data from the Grab app to provide credit ratings.
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Commentary
What matters for Singapore’s AI future is consistency, not brilliance
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Why AI blocklists give Singapore firms a false sense of security
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