Singapore
Singtel sinks into the red with $668.1m loss in Q2
No thanks to its $1.93b pre-tax share from Bharti Airtel's $5.49b provision.
Singtel sinks into the red with $668.1m loss in Q2
No thanks to its $1.93b pre-tax share from Bharti Airtel's $5.49b provision.
OUE's profits surged to $124.1m in Q3
It received a $90.9m one-off non-cash gain from OUE C-REIT and OUE H-Trust merger.
F&N's full-year profits jump 24.4% to $153.19m
Its dairies segment accounted for most of its revenue.
Sembcorp Industries profits sink 13% to $71m in Q3
Lower revenues from rigs and floaters dragged on turnover growth.
Wilmar International profits rise 10% to $608.4m in Q3
It sold off its discontinued operations in Brazil.
Singapore inks intellectual property deal with Japan
Japanese firms will have access to IPOS International’s patent search and analysis services.
Chart of the Day: Almost half of condo units sold in Q3 priced $1m-$1.5m
This is a result of an increase in the proportion of smaller units being sold.
Daily Markets Briefing: STI down 0.87%
ComfortDelGro saw the sharpest decline amongst top active stocks with a 2.52% fall.
Daily Briefing: Orchard Road is world's 16th priciest retail street; AML startup Silent Eight bags $8.45m in series A funding
And fingerprints and facial immigration clearance will soon greet travellers in Singapore airports by 2025.
New condo sales jumped 49.2% to 3,198 units in Q3
All regions recorded growth in new sales, with the largest surge being seen in OCR.
CIMB Singapore to finance SESAMi's digital invoice system
Suppliers will be paid immediately on outstanding invoices within two business days.
Singapore fintechs took up 51% of funding in ASEAN as of Q3
Singapore Life’s $150.39m funding was amongst the year’s notable deals.
Strengthening Finance Governance of Modern Businesses
When we surveyed C-suite executive and finance professionals in select global cities, including Singapore and Hong Kong, we learned that an astonishing 69% of respondents believed that they, their CEO or CFO may have made a significant business decision based on out-of-date or incorrect financial data. In today’s competitive markets, with increasing regulatory scrutiny, the ramifications of this lack of visibility can be felt throughout the organisation. Companies simply cannot afford to report or make decisions based on inaccurate financial information.
Personalised user experiences – what's the secret sauce?
Singapore is entering an era of hyper-personalisation. According to a recent Nielson report, almost 50% of Singapore consumers are more likely to try new brands compared to five years ago and personalised experiences is one of the key factors which influences their brand choices. Digital service providers are a beacon of best practice in creating and managing digital user experience: for example Netflix Inc, YouTube and Viu have been working furiously for the past several years to ensure that each consumer has a completely unique exposure to the platform. And now, Singapore’s consumers have come to expect the same level of personalised service in all areas of their lives.
SPH buys 284-bed student dorms in Germany for $23.3m
The property is located in Bremen University which houses a population of 19,000 students.
Yanlord profit plummeted 94% to $11.41m in Q3
Lower GFA delivery dragged it down.
The Arcade in Raffles Place to be tendered for $780m
The property’s management team says the building needs a revamp.