News
SIA's overall passenger traffic slipped 3.3% in April
It ferried 1.48m passengers last month.
Risks intensify for Ezion as jackup order cancellations mount
Five Mexican rigs were cancelled in Q1.
Sharp NODX pullback on the cards after two months of growth
Highly volatile segments drove the expansion.
IDA rebukes SingTel over Gushcloud smear campaign
A “stern warning” has been issued.
Luxury home sales crashed a whopping 82.9% in Q1
Only 80 units were sold.
Ezion sued by partner over Maersk breach allegations
The claims are frivolous, Ezion says.
New home sales expected to crash this month after breakneck growth in April
Blame it on a dearth of new launches.
NODX expansion slows in April as electronic exports slip
NODX grew by 2.2% last month.
StarHub's net profit dropped 12.4% to $73.7m in Q1
On back of higher handset subsidies.
Hong Fok's net profit tumbled 35% to $5.1m in Q1
Due to lower residential sales.
Daily Briefing: Spot and avoid Singapore's worst online scams; 80% monthly rise in April home sales
And URA calls for ideas for forgotten spaces.
Chart of the Day: Singapore’s consumer spending to suffer amid surge in debt servicing costs
There is a possible relaxation of macroprudential measures.
Daily Markets Briefing: STI up 0.2%
More gains are on the cards today.
SATS counters tight labour market with aggressive automation drive
Total expenditure 3.2% in FY15.
Car purchases surge 40% in March as overall retail sales dip
It was the only bright spot.
New home sales surged 83% to 1,124 units in April
Thanks to North Park and Botanique at Bartley.
Commentary
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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