Singapore

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.

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.

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.