Singapore

The Tapestry sold 70% of units during launch

Early bird average selling price for the 315 units sold is $1,310 psf.

The Tapestry sold 70% of units during launch

Early bird average selling price for the 315 units sold is $1,310 psf.

Manufacturing output up 8.9% in February

General manufacturing output dipped 6.3% due to fewer production days during the Lunar New Year.

Dairy Farm to buy 18.25% stake in top Philippine retailer for $681.93m

This will add over 1,700 stores under the company’s ownership.

Far East Group sells headquarters for $27m

After the disposal, profits are expected to soar from $655,000 to $22.69m.

Why foreign home buyers prefer Singapore over prime cities' property markets

Homes purchased by non-Singaporeans rose 63% in 2017, thanks to market recovery.

Fintech firm ayondo enters SGX Catalist board

It is the first fintech company to list in Singapore.

Grab acquires Uber's Southeast Asia operations

Uber will hold a 27.5% stake in Grab and have its CEO join the latter’s board.

How Singapore companies can accelerate their digital transformation through a robotisation programme

Today, investors are paying increasing attention on how companies are managing digital disruption. After all, no one wants to invest in the next Blockbuster or Kodak.

Daily Briefing: Uber seals deal to sell SEA operations to Grab; Company openings to boost pharma sector

And CapitaLand joins a global investor to vie for Blackstone’s IT parks in India.

Daily Markets Briefing: STI down 2%

Don’t expect any gains today.

Chart of the Day: Taxi growth recovers amidst rental car declines

The growth of the rental car population dipped below zero in January 2018.

ThaiBev issues $2.1b debentures to refinance Sabeco debt

Analysts think its average coupon rate of 2.83% per annum and average tenor of just over six years is attractive.

What now for Sembcorp Industries after the energy market opens?

Analysts doubt it will dent earnings, as Sembcorp Power only contributed $3.4m-$4.4m to net profit.

ST Engineering made $1b from smart city business in 2017

It is eyeing to double this in 2022 through acquisitions and organic growth.

Will Singapore be caught in the US-China trade dogfight?

The STI fell 2.3% after Trump enforced tariffs on Chinese goods over intellectual property violations.

Inflation hit 40-month high at 0.5% in February

Prices of food and accommodation rose within the month.

Keppel's infrastructure arm turns to 2 projects for growth

Its Marina East Desalination project could boost headline earnings by 5-6%.