News
Lion City Rentals drivers slam Grab takeover
Sluggish response from the rental service has prompted some drivers to terminate their contracts early.
ST Aerospace bagged contracts worth $510m in Q1
The contracts covered services ranging from heavy maintenance to engine wash.
SIA inks media maintenance agreement with Thales
The deal will cover line maintenance, software and media content loading.
Circles.Life quietly eats up the telco market
Analysts think this helped M1’s mobile revenue growth to recover after a 3-year decline.
Law firms' real estate costs per worker hits $39,982
It is the third lowest amongst eight Asian cities Colliers International surveyed.
SGX eyes NSE collaboration in Gujarat
It will also list new India equity derivative products in June.
Chart of the Day: Banks' nonperforming loan exposures are higher outside Singapore
In Indonesia alone, UOB and OCBC have 4.9% and 3.7% NPL exposure.
Daily Briefing: MAS ready to tighten amidst trade risks; HDB chief suggests resale flats with shorter leases should be cheaper
And here's a fintech firm that gained US$20m as it develops a fintech chat app.
Daily Markets Briefing: STI up 0.48%
Expect some gains today.
Singapore reserves grew 10.52% to US$286.96b
Gold and forex reserves expanded 3.8% to $373.78b.
Construction bosses bullish on higher orders in 2018
Some of them eye projects like Changi T5 and the KL-Singapore High-Speed Rail.
Private condo resale prices in Districts 9 to 11 hit record-high in March
Prices rose 2.2% from last month thanks to demand for luxury homes.
Yanlord co-buys 2 land parcels in Tianjin worth $1.57b
The land parcels are slated for mixed-use development and will include amenities like schools.
Noble gets 70% of creditors to commit to restructuring
But concerns arise as its founder Richard Elman is pushing for a new restructuring.
Singapore falls to 18th place in the world's busiest airports
The 6% growth of its passenger traffic lagged Guangzhou’s 10.3% and Delhi’s 14.1%.
Financial compliance in Singapore is the ninth easiest in the world
But Budget 2018 changes could make compliance harder.
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