News

Chart of the Day: Online grocery sales growth dipped to 35% in 2017

New online groceries can't break into the dominance of supermarkets.

Chart of the Day: Online grocery sales growth dipped to 35% in 2017

New online groceries can't break into the dominance of supermarkets.

Daily Markets Briefing: STI up 0.22%

Trade relations continue to weigh down investor sentiment.

Keppel O&M to build Singapore's first dual-fuel bunker tanker

It signed a contract with Mitsui AP with an option to order another similar tanker.

Casa Meyfort en bloc sale relaunched

The relaunch followed the 3.8% price increase in the Outside Central Region it is in.

76% of The Verandah Residences sold for average of $1,815 psf

The whole project is expected to be completed in the fourth quarter of 2023.

Bank of China and ICBC to offer PayNow

There are now nine banks using the service.

Singapore needs to control inpatient costs amidst high medical inflation

High medical fees still drive inflation even if it has dropped from 20% to 9.6% in three years.

Keppel bags contracting deal with KrisEnergy

It will be selected as the preferred contractor for the construction of KrisEnergy’s fuel barges.

Ascott inks deals with developers in China, Japan, and Thailand

It is adding management and lease agreements to 14 properties in the three countries and Indonesia.

Dairy Farm eyes breaking records at en bloc sale

A potential asking price is at $1.68b, beating that of Farrer Court and Pacific Mansion.

Singapore and China ink deal on Belt & Road markets cooperation

The collaboration will tap into policy banks to support third-party market ventures in both countries.

Chart of the Day: Telcos' wireless revenues fall amidst new players' entry

New players created $77m wireless revenue in 2017, denting those of Singtel, StarHub, and M1.

Daily Markets Briefing: STI up 1.08%

Fears of a trade war remain, weighing down local sentiment.

SPH REIT Q2 NPI down 1.1% to $42.2m

Paragon’s negative rental reversion of 7.1% pulled down revenue.

Uber app shutdown moved to 18 April

The Competition and Consumer Commission of Singapore is still reviewing the Grab and Uber deal.