Singapore
Fraser and Neave profits jumped to $15.39m in Q2
But its publishing segment continued to suffer as losses widened to $8.4m.
Fraser and Neave profits jumped to $15.39m in Q2
But its publishing segment continued to suffer as losses widened to $8.4m.
Daily Briefing: Aslan Pharma raised US$42m in US IPO; Can Venture's stock make a comeback?
And here are 14 Belt and Road deals that Singapore firms inked in a trade meeting in Zhejiang.
Chart of the Day: Commercial investment sales crashed 86% to $437.4m
The sale of Capitol Singapore was the lone major transaction in the quarter.
Daily Markets Briefing: STI up 0.29%
Investors are urged to take caution today.
SIA flies back into the black as 2017 profits may hit $765m
This reverses a $6.4m loss the airline registered in Q4.
Prime commercial shophouse in New Bridge Road up for sale at $6m
The property is approved for F&B use up to 2019.
OCBC rolls out $20m digital upskilling programme
The OCBC Future Smart Programme will be available for the bank’s 29,000 employees across the world.
Is Bumitama Agri up for a good harvest in 2018?
Fresh fruit bunches grew at a healthy 20% in Q1.
Here's how UOB plans to raise returns
Its return on equity could only hit 12% if its net interest margin maintains an upward trend.
2 in 5 Singaporeans open to going cashless for up to three days: study
Residents are carrying less cash as they turn to card and contactless payments.
Deliveroo launches insurance policy for riders
The company said the move will cost US$13.5m in the initial year.
Banks poised for widening NIMs
DBS and UOB posted sequential 5bps and 3bps widening respectively in Q1.
Keppel sells Shenyang City township project for $105m
It sold its interests in Keppel Bay Property Development Shenyang, which owns the project.
RCR private condo prices up 12.6% in April
This helped boost overall prices by 9.5%.
Changes must be made if Singapore is to stay ahead of the curve in cryptocurrencies
Ravi Menon, managing director of the Monetary Authority of Singapore recently claimed: “I do hope when the fever has gone away, when the crash has happened, it will not undermine the much deeper, and more meaningful technology associated with digital currencies and blockchain." Singapore’s relationship with cryptocurrencies has been a torrid one. Menon’s wish illustrates how senior financial figures in Singapore understand both the benefits of bitcoin and its ilk, but also have serious reservations about the maturity of this asset class.
CBD rent hikes could lure tenants to fringe areas
Tenants are resisting rent hikes in the CBD, which rose 1.3% QoQ.
Chart of the Day: $5.8b in collective home sales dominated residential investment transactions in Q1
This marks the best performance of the segment in eleven years.
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