Singapore
Credit financed 46.4% of Singapore's business-to-business sales
Businesses actively opt for trade credit as part of ‘common practice’.
Credit financed 46.4% of Singapore's business-to-business sales
Businesses actively opt for trade credit as part of ‘common practice’.
Singapore NODX up 1.1% in Q1
Huge declines in electronics were offset by gains in non-electronic products.
Wilmar International bags loan facility of US$1.5b
It will be used to refinance its existing debt.
Customer engagement platform Braze opens Singapore office
The company counts RedMart, Kaidee and LG amongst its locally headquartered clients.
Daily Briefing: GDP jumped 4.4% in Q1; Go-Jek to invest US$500m into Singapore and 3 markets
And the 139-unit Landmark Tower was sold for $286m.
Daily Markets Briefing: STI fell 1.32%
Expect some muted gains today.
Chart of the Day: Housing prices dented inflation deeper in April
Prices of housing and utilities dipped 2.3%.
Fundraising for acquisitions slashed S-REITs' distribution per unit by 2.6%
Acquisitions have boosted S-REITs' secondary equity offerings to $2.1b.
Tuas South Link 3 site sold for $2.04m
The tender for the site concluded with one bid.
Brace for these price hikes in July
Prices of Changi Airport fees, water, and gas will rise.
Keppel reveals price of dredger contracts with Van Oord: $212m
It answered a query from the Singapore Exchange to disclose transaction details.
Nearly all COE premiums down in May
Only premiums for open category vehicles went up to $38,700.
BreadTalk ventures into tea business through Chinese partner
It will offer Pindao's tea products Nayuki and Tai Gai.
Consumer prices down 0.1% in April
Price gains in retail, electricity & gas, and services were all muted.
CFOs' business confidence hits 9-year high
90% of CFOs expect economic expansion this year, beating the 82% record in 2010.
OCBC to roll out fingerprint-based credit card payments
This eliminates the need for multiple payment devices.
The Internet of Things and the threat it poses to GDPR compliance
The pending EU General Data Protection Regulation (GDPR) is already significantly impacting businesses across Asia. Slated for mandatory compliance by May 2018, the GDPR will drive significant requirements across all companies dealing with Europe to closely manage and track personal data information. The rules affect every entity that holds or uses European personal data both inside and outside of Europe – including Asia. Organisations need to take action now to make certain they are adequately capturing, integrating, certifying, publishing, monitoring and of course, protecting their data to ensure GDPR compliance.