Singapore
OCBC profit up 29% to $1.11b in Q1
Higher income from wealth segment and loan related activities buoyed earnings.
OCBC profit up 29% to $1.11b in Q1
Higher income from wealth segment and loan related activities buoyed earnings.
Singapore's top office REITs NPI down 3.4% to $48.5m in 2017
Average gross revenue also edged down 2% to $65m.
Daily Markets Briefing: STI down 0.85%
Expect muted gains today.
Chart of the Day: HDB resale prices down 0.8% in Q1
This marks the fastest quarterly decline in three years.
Daily Briefing: Temasek eyes stake in Indian digital payments startup; LTA to accept license applications from bike-sharing operators
And another Singapore-based blockchain network has breached the US$1b market cap.
Bangladesh-owned power firm injects $17.07m in Sembcorp North-West Power Company
This is funding the ongoing construction of the Sirajganj Unit 4 power plant.
Office rentals dipped 0.6% in Q1
Gross rent for prime office spaces grew 1.3%, causing slower leasing activity.
Can tighter oversight rein in risks in Singapore's booming invoice finance market?
The industry’s unregulated nature renders investors vulnerable as revealed by a massive S$6.9m fraud case.
URA accepts 9 bids for Hillview Rise site
An analyst noted the interest in the site is positive despite technical evaluation requirements.
Private sector PMI climbed 1.9 points to 55.6 in April
It was bolstered by faster rises in output and new orders.
Great Eastern Holdings Q1 profits surged 68% to $152.9m
It attributed the growth to higher profit from its Singapore insurance business.
Chart of the Day: Singapore's semiconductor production weakens amidst slow down in sales
Semiconductor production growth weakened from 27.4% in February to 18.8% in March.
ST Electronics merged STELCOMMS and infocomm unit
STELCOMMS’ staff and assets were moved to STEE-InfoComm.
Daily Briefing: Grab eyes raising US$1b for US$10b valuation; UOB boosts staff pay by 14% in Q1
And here's why a one-hour flight from Singapore is hailed as the world's busiest overseas route.
Daily Markets Briefing: STI down 1.1%
Investors are urged to take caution today.
Can Singapore hold firm to its stock market dominance?
Halfway through Q1, companies that reported their results gained 9% YoY, whilst FTSE Singapore beat all other 12 indices in Asia.
SMEs sped up debt payment time from 35 to 33 days in Q1
The services sector improved the most, as it now takes 23 days on average to pay bills.
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