Singapore
Battered luxury residential market finally shows signs of life in H1
Buying interest ticked up at long last.
Consumer watchdog demands tighter safeguards against bankrupt travel agencies
Agencies must provide a security bond.
MEHL takes Fraser and Neave to court, demands final MBL sale by August
But F&N is ready to hold its ground.
The age of easy money is over for SREITs
It will be tough to make good acquisitions.
GLP’s profits rocketed by almost 50% to a whopping $268.1m
Joint ventures and investments abroad proved lucrative.
Regulators roll out more stringent auditor reporting rules for listed firms
Vague opinions won't cut it anymore.
OCBC’s half-year earnings soared to a new high at $2.04b
Its overseas business injected fat contributions.
Singapore’s first dedicated F&B development to open in East Coast Road
Katong Square plans to open at the end of the year.
NOL finally back in the black with $1.22b profit in Q2
Due to a massive gain from APL Logistics sale.
SMRT’s net profit fell 10% to $20.1m in Q1
Loss-making train operations are the culprit.
UOB’s net profit slipped 5.7% to $762m in Q2
Increased market volatility is to blame.
Chart of the Day: Singapore has Asia’s most expensive mobile calling rates
Pricing stands at US$7.1 cents per minute.
Daily Markets Briefing: STI down 1.1%
Expect more losses today.
Daily Briefing: Fintech startup bent on plugging the SME funding gap; 3 ways to improve productivity
And GIC wary over rate hike.
SGX’s new derivatives cash cow ‘overhyped’: report
Revenue growth was muted despite the volume surge.
Ho Bee acquires fourth London office property for $307m
It’s currently leased out at $13m per year.
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