Singapore
Hotel investment deals hit three-year high at $518.7m in 2018
Investors are embracing hotel assets as the residential segment loses luster.
Hotel investment deals hit three-year high at $518.7m in 2018
Investors are embracing hotel assets as the residential segment loses luster.
MyDoc partners up with Homage to provide affordable onsite healthcare
Homage nurses can soon consult with doctors via video services from a patient’s home or office.
Domestic wholesale trade climbed 16.9% in Q4
Wholesale trade of petroleum products surged 43.2%.
Cash and cheques still account for 40% of Singapore payments
Hawker centres, food courts and wet markets remain heavily dependent on cash.
ST Engineering's FY18 profits down 1.7% to $494.24m
It blamed the 39% drop in earnings from its land systems sector.
Keppel O&M unit to buy rig from Mexican driller for US$179m via sale and leaseback
Keppel has previously delivered ten such rigs to Mexico.
CDL's profits edged up 6.7% to $557.33m in 2018
The strong-performing residential segment offset a massive decline in its hospitality business.
Daily Markets Briefing: STI up 0.57%
Expect muted gains today.
Chart of the Day: Average gross rents for prime retail space in Orchard Road edged up 1.5% to $37.80 psf in 2018
This was generally supported by healthy occupancy rates of above 94%.
Daily Briefing: MINDEF to hire 300 cybersecurity experts; Grab unveils pet transport services
And 7 in 10 reported e-commerce scams in 2018 transacted in Carousell.
Haulio's Grab-like app for haulage companies launches in Singapore
Its system will also integrate with a cloud platform for depot operators and freight forwarders by end-2019.
COE premiums close mostly higher in latest bidding exercise
Open category vehicles recorded the highest price increase by $1,357.
Huawei unveils cloud services business in Singapore
It aims to develop its Singapore base into one of its largest outside of China.
Poll: Seven in 10 Singapore executives made business decisions based on inaccurate data
Only 27% of firms agreed they could trust that their finance teams identified all errors to ensure they are reporting accurately.
PropNex absorbs 400 salespersons from Global Alliance Property
Century21 license holder CREG will focus in real estate developments in China.
BreadTalk Group buys out Thai partner
BreadTalk has planned to buy out its joint venture partner in Thailand for $7m.
Sembcorp Marine's Q4 profits sink 94.9% to $5.93m
It blamed losses from the $34m sale of a semi-submersible and continued low business volume.
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