News

M1 2017 profits slid 11.5% to $132.5m

Its handset sales and mobile revenues remained weak despite higher services revenue.

M1 2017 profits slid 11.5% to $132.5m

Its handset sales and mobile revenues remained weak despite higher services revenue.

Noble raises shareholders' stake in post-restructuring company to 15%

The allocation is "fair to all shareholders," said founder Richard Elman.

Private home sales up 86.5% to 716 units in March

The Tapestry was the best selling project and contributed 46% of total sales.

URA wants homeowners' consensus approval for Airbnb-like accommodations

There are currently diverse views on its regulatory framework for short-term accommodations.

Singapore is the sixth most popular destination for Muslim tourists

The country provides Muslims "cultural proximity" and enhanced tourism offerings, amongst others.

Singaporeans expect higher prices amidst trade tensions

They think inflation will rise to 3.43% in a year.

More than half of retail investors distrust the financial industry

Only one in ten believe that financial advisers always put their clients first.

Chart of the Day: Shipyard orders could reach $6b total in 2018

Analysts gauge orders worth $3b each for Keppel and Sembmarine within the year.

Daily Markets Briefing: STI down 0.94%

Investors are cautious over concerns towards geopolitical tensions.

Value of Singapore's pharma market hit $1.22b in 2017: BMI Research

Biopharmaceutical giants continued to choose Singapore as the site for their manufacturing headquarters.

What's next after the MAS tightening?

Analysts are divided on whether the tightening will continue in October or not.

Competition watchdog bans Grab from using Uber's data to win market

It also wanted Grab and Uber to retain their pre-transaction pricing and product options for riders and drivers.

Total orders for Singapore shipyards in Q1 reverse 3-year slump

Keppel and Sembmarine's order books could already be at $4b and $3.5, respectively.

Singapore GDP up 4.3% in Q1 2018

This was bolstered by the manufacturing sector, which grew 10.1%.

Chart of the Day: See how the S$NEER moved up before policy tightening

A decline in early 2018 saw the US dollar's weakness against the Singapore dollar.

Daily Briefing: 75% of Noble creditors commit to restructuring deal; Why MAS has no key rate

And here is a Singaporean venture capitalist's investment in an Irish "agtech" firm.