Singapore

CAD probes YuuZoo after SGX RegCo's report

The department required the company to give access to franchise-related documents from 2013 to 2016.

CAD probes YuuZoo after SGX RegCo's report

The department required the company to give access to franchise-related documents from 2013 to 2016.

Midas Holdings chair resigns after SGX RegCo callout

This follows the regulator’s recommendation to axe his appointment over illegal bonds.

SGX Bond Trading takes on SGX Bond Pro general counterparty role

It replaced UBS, which was the general counterparty in its 2015 launch.

Keppel junks deal to manage TQS shipyard

It cited the downturn in the offshore and marine business.

Frasers Property injects $136.1m in mixed use development in Bangkok

It will hold 19.9% in a joint venture that will invest in the project’s development.

The implications of big data in manufacturing: How to super charge real-time connected supply chains

Logistics is the latest industry to face a bold makeover in the Singapore government's $4.5 billion Industry Transformation Programme. The initiative aims to achieve a value-add of S$8.3billion (US$6 billion) and 2000 jobs for professionals, managers, executives and technicians (PMET) by 2020 through leveraging on new technology such as big data and analytics.

Daily Markets Briefing: STI down 0.54%

Investors are urged to take caution today.

Chart of the Day: Sheng Siong and FairPrice are eating up the supermarket pie

Within five years, Sheng Siong took up 18.9% whilst FairPrice ate up 56% of the market.

Singapore's improvements in livability are the ninth best in Asia

From 1998 to 2018, it improved its livability score by 4.7%.

Lawsuit delays slashed Keppel's $290m gain from marina firm sale

Keppel was now only able to complete the deal after a minority shareholder blocked the sale.

Singapore law allows creditors to avoid losses from bank failures: Moody's

Buffers for bail-ins only comprise 1%-2% of Singapore banks’ assets.

Prime en bloc sales in Q1 beat 2017 record

In Q1 alone, eight sites were sold en bloc for $2.32b, higher than the $1.05b total in 2017.

This CEO's remuneration package soared 119% in 2017

He received $12.02m after the company’s profits soared due to high sales.

Construction lagged other sectors in fulfilling arrears in Q1

But the proportion of slow payments dipped to 49.14%.

SGX RegCo calls Midas Holdings' executives to resign

It found that executive officers made guarantees for the company’s illegal bonds and hid related lawsuits.

SIA adds Lufthansa and SWISS flights in SME rewards programme

The partnership is part of the joint venture agreement signed in November 2015.