Singapore
OCBC’s Q1 profits drop 14% to $856m
Blame it on lower insurance, increased allowances.
Chart of the Day: Here’s the sorry state of Singapore’s job market despite lower unemployment
Youths aren’t participating in the labour force, says MoM.
Daily Markets Briefing: STI down 0.43%
Expect muted gains today.
Daily Briefing: OCBC's profit falls 14%; Industrial prices, rents decline in Q1 as vacancy rises
And resale condo prices continue drop in March.
Analysts urge new way to assess Singapore's economy as GDP growth slows to a crawl
Assessing gross national income may soon be more apt.
Prices, rentals of industrial space continue to sink in Q1
As the market anticipates a massive flood of supply.
Condo resale prices dip 1% in March
Homes in non-central region saw the biggest pullback.
Redundancies in Q1 spike year-on-year amid cyclical weakness, economic restructuring
Services sector saw the most layoffs.
Sheng Siong’s Q1 profits grow 16.8% to $16.4m
Thanks to more government grants, new store growth.
More than 1 in 3 Singaporeans use mobile wallets in face-to-face transactions: Visa
Faster transactions, ease of use are top considerations.
SIIC Environment’s profits soar 30.8% to $18.59m in Q1
Due to higher water treatment, supply sales volume.
Here's why portfolio workers and contractors are rising faster in Singapore
Against the backdrop of a Ministry of Manpower (MOM) report which adversely highlighted Singapore's slowing economic growth, weak investment returns, and negative employment market prospects, lies a bigger problem – that work-related stress is still Singapore's number one silent killer.
MGCCT’s net property income surges 21% to $277.5m in FY16
Thanks to Festival Walk, Gateway Plaza’s solid rental uplifts.
SembMarine’s net profit sinks 48.2% to 54.8m in Q1
Due to lower contributions from rigs, floaters segments.
UOB’s earnings slip 4.4% to $766m in Q1
Blame it on weak fee income, losses from associates.
Chart of the Day: Here’s proof that modern services is the main growth pillar for Singapore
Could it sustain its growth under duress?
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