Singapore
Chart of the Day: Property buyers from Taiwan and Korea grew in Q1
But China remains as the top foreign property buyer in the country.
Daily Briefing: HDB mortgage interest rates to hold firm in Q3; Cityneon Holdings bags CITIC Capital funds for China expansion
And check out how much can employees earn in Citi Singapore.
Developer sales fell 75.5% to 444 units in April
76.1% of the units sold for the month were previously launched in 2018.
Taxing times for SMEs
Globalisation of the economy has resulted in a shift in the way Singapore corporations operate – from local country-specific business models, to global integrated supply chains which centralise functions at a regional or global level.
UOB to reduce reliance on Singapore
Nearly half or 40% of total group operating profit already comes outside Singapore.
First Resources' profits dropped 55.7% to US$12.29m
It blamed weaker palm oil prices despite higher sales volumes.
US-based cloud firm Druva opens Singapore office
It plans to boost its network of over 600 customers in the Asia Pacific region.
Edtech startup Geniebook raises $1.5m in pre-series A funding round
It will expand its data science and curriculum team to upgrade its learning platform.
Video game firm Ubisoft launches startup programme in Singapore
This will mark its first entry into Asia.
AA REIT to buy Australia light industrial facility for $36.92m
The property sits on a 3.33-ha freehold site with a net lettable area of 14,833 sqm.
SingPost ties up with Synagie to provide on-demand warehousing
SMEs can acquire integrated warehousing services on a pay-as-you-use basis.
Condo rents rose 2.4% in April
Rents in the CCR led the increase at 2.8%.
EC World REIT buys Fuzhou E-commerce properties for $220.97m
The 214,284-sqm property has a three-storey warehouse and two 14-storey support buildings.
Hyflux refutes reports of Utico's binding offer submission
It only received a draft from the Middle Eastern utility’s advisors.
Yanlord Group profits fell 59% to $64.3m in Q1
Gross floor area delivered to customers shrank from 83,867 sqm to 68,737 sqm.
Singtel's profits crashed 43.5% to $3.10b in FY2019
Its underlying net profit dipped 21% as its Airtel business continued to incur losses.
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