Singapore
Downtown Line 2 opening heralds bus, train fare rollback
Fares will be down by 1.9% in December.
CWT’s net profit slumped 14% to $26.2m in Q2
Due to weak logistics, financial services revenue.
Technical failure interrupts SGX derivatives market
Trading was halted for an hour and a half.
Singapore's hotel room rates jump 12.1% to $250.5 per night
It placed third in APAC’s costliest hotel fees.
Ho Bee acquires London West End office building for $98m
This is its second acquisition in just a week.
Residents ditch SG50 celebrations in favor of foreign travel as long weekend rolls in
Outbound bookings surge on National Day weekend.
Manufacturing PMI tumbles back into negative territory in July
Manufacturers have become more bearish.
Chart of the Day: Real estate firms extremely downbeat on 2H growth prospects
19% of firms expect deteriorating business climate.
Daily Briefing: Is Singapore still relevant after 50? Taste for nostalgia hits local dining scene
And landlords' woes continue.
Daily Markets Briefing: STI down 0.3%
Expect more losses today.
Circle Line to welcome 24 new trains by mid-2016
Capacity will grow by 60%.
Bank loans are the only thing keeping loss-making COSCO afloat
Its operating cash flow has been negative for 6 years.
In defence of Singapore's job-hopping Millennials
Job-hopping in Singapore is fairly standard practice, much to the frustration of employers and HR teams. And evidently this is not just an issue with senior and middle management – even recent graduates are, apparently, prepared to hop, skip, and jump between roles making moving employers an Olympic sport.
Distressed SIA tells analysts: Mayday, mayday, mayday!
You’re more upbeat than we are, says management.
High Court dismisses interim injunction versus F&N in Myanmar Brewery spat
But the dispute is not over yet.
United Envirotech’s net profit crashed 84% to $3.7m in Q1
Profit fell short on back of weak engineering revenue.
GLP suddenly slashes China development targets due to leasing market weakness
Targets have been pushed back by almost a year.
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