Singapore
What’s the reason behind Singapore’s record-breaking deflation?
The oil price slump is not entirely to blame.
Daily Briefing: Empty storefronts multiply on Orchard Road; CCT snaps up CapitaGreen
And Singapore investors rescue beleaguered LendingClub.
Singapore deflation deepens with 0.5% contraction in April
This is the 18th straight month of negative inflation.
Boustead Projects’ profits drop 7% to $22.9m in FY16
Battered by raised expenses, tough retail landscape.
DBS, OCBC roll out voice biometrics for phone banking customers
Clients can be authenticated in just 15 seconds.
OSIM suspends trading as CEO passes 96% ownership mark
Sim can now compulsorily acquire dissenting shareholders’ shares.
Getting a local university degree will get much more expensive by 2030, says EIU
Guess how much parents will have to shell out.
Get to know the first Singaporean jeweler to venture into Hong Kong
He wanted to become a pilot but he ended up a jeweler.
Singapore to splurge $2.82 billion on tech infrastructure, IT security in 2016
Project tenders will be rolled out throughout the year.
CapitaCommercial Trust snaps up remaining 60% stake in CapitaGreen for $393m
CapitaLand will book a gain of $196m.
SATS’ Q4 income dips 1.7% to $50.7m
Due to weak share results from associates, JVs.
Chart of the Day: Slowing China takes a bite out of banks’ loan books
Asset deterioration remains a key threat.
Strict taxi rules to be tweaked as cabbies seek support: analysts
To level the playing field with Uber, Grab.
Daily Markets Briefing: STI up 0.9%
Expect more gains today.
Daily Briefing: HDB unveils $500,000 projects fund; Singapore 4th priciest prime logistics market worldwide
And how DBS, StanChart’s finance distributed ledger works.
What is the future of Singapore's Shipping and Offshore sectors?
With the annual Singapore Maritime Week now a distant memory, it is worth reflecting on the health of the local Maritime sector. Agreed, 2016 hasn’t got off to a great start with Keppel announcing 2800 redundancies, a fire at a local oil storage facility, estimates of 40% of the bulk sector going under and, significantly for the local industry, Sete Brazil going bankrupt. All this on top of the 2015 sale of national shipping icon NOL/APL.
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