Singapore
Mid-tier hotels set to account for 34% of new supply this year
Singapore hotels find success in being average.
Mid-tier hotels set to account for 34% of new supply this year
Singapore hotels find success in being average.
Singapore looking to develop policy framework for energy storage
In order to fulfil its commitments under the Paris climate change agreement, Singapore’s climate action plan includes a number of strategies, including reduction of emissions from its power generation sector. Already, Singapore generates more than 95% electricity using combined cycle gas generators; thus, it needs to increase the share of Solar PV to achieve further reductions.
ComfortDelGro's full-year net profit up 5% to $317.1m
On the back of lesser expenses due to weakened currencies.
SingPost's net profit slumps 27.9% to $31.4m
No thanks to the losses in the US eCommerce business.
Bouncing back from retrenchment
The release of the Ministry of Manpower's 'Labour Market Advance Release 2016' showed both slowing employment growth (an increase of 0.4%, down from 0.9% in 2015), and an increase in unemployment, creeping up to 2.2%. As has been well highlighted, Singapore is not immune from global trends and these results, in the global context, are not surprising. But it should also be noted, it is not all bad news.
Great Eastern's net profit slips 11% to $195.2m in Q4
Blame the lacklustre insurance business.
Here's what investors can expect from SIA's longer-dated Brent hedges
SIA hedged 33-39% of fuel requirements until 2022.
Daily Markets Briefing: STI up 0.66%
Expect and extended winning streak today.
Robust ICT market to drive Singapore's fintech sector growth this year
Over the past two years, 210 fintech firms commenced operation in Singapore.
Chart of the Day: Check out the amount of retail space in the pipeline this year
There is a 169,000 sqm GFA of space available for the year.
Daily Briefing: Why it's too early to think about countries replacing US in TPP; 2 highly-anticipated condos to watch out for
And here are the best banks in Singapore for startups.
KKR, Samling amongst the shortlisted in bid for United Engineers
Final bids are expected to be submitted by end-March.
What can Singtel expect from its acquistion of Trustwave?
The telco has been ramping up its cyber security.
SIA enters long-dated Brent hedges until 2022
It has hedged between 33-39% of their fuel requirements.
SATS net profit inches 7.4% up to $65.1m
Thanks to lower expenditures.
Singapore online health insurance gets a shot in the arm from a Facebook co-founder
B Capital and EDBI co-lead $25 million round.
Small car COE premiums down in February
Premiums were down to $48,401.