Singapore
Thai Beverage Public named Kamolnai Chaixanien as senior vice president
He works in two offices.
ISR Capital named Chen Tong as chairman
He has more than 29 years of experience in the field.
A tale of two tourists: Singapore tourism suffers lower hotel room rates
Despite the boom in tourist numbers.
CapitaLand's net profit up 74% to $430.5m in 4Q16
Thanks to strong performance from China residential.
ST Engineering's profit slid 6% to $590.6m
But the group still expects better profit turnout by 2017.
DBS' net profit down 2% to $4.24b in 2016
Higher allowances offset stronger operating performance.
ThaiBev's profit up 28% to $311.9m
Despite sales declining across spirits and beer segments.
Sales of executive condominiums up 18% in January
Guess which projects had the highest sales volumes.
OCBC predicts no hike in Foreign Worker Levy for Budget 2017 announcement
There will be about 25,000-40,000 jobs in the next 3-5 years.
Hopes for more support for Singapore enterprises
Following the recommendations by the Committee on the Future Economy (CFE), the Monetary Authority of Singapore recently announced that it will relax some of its rules on finance companies to make it easier for small- and medium-sized enterprises (SMEs) to obtain financing. The regulatory changes will see SMEs being granted more access to higher amount of uncollateralised loans and business customers will be able to contract more conveniently.
Daily Briefing: Thieves' Market to close for good; Singapore is still interested in hosting F1
And HDB announced the launch of first BTO flats.
Daily Markets Briefing: STI up 0.52%
Local sentiment will be fairly buoyant today.
Chart of the Day: Guess which sector saw the highest home sales in January
The said region formed 62.5% of the total home sales.
SMRT, JTC, and NTU to develop transport solutions for a car-lite Singapore
They will be forming a Mobility-as-a-Service Lab.
3 in 4 millennials demand rewards from Singapore retailers
They would buy more if they get rewarded.
Developer sales up 18.3% to 381 units in January
This was despite the lack of new launches in the said month.
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