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Daily Briefing: Police nabs bogus HDB contractors; Gov't to amend rules on underground space
And find out why Thaipusam is no longer a public holiday.
Almost 4,000 new hotel rooms to flood Singapore’s hospitality market in 2015
On back of 1,773 new additions in 2014.
Local retailers struggling to enter Asia’s cutthroat e-commerce scene
Half of online retailers here are located outside ASEAN.
Luxury residential home prices down 6% in 2014, record biggest drop in Asia Pacific
Prices will slip further this year.
No money, no honey: Singaporeans among world’s top Valentine’s spenders, survey reveals
Couples will spend more than $135 on Valentine’s Day.
Retail sales up 2.6% in December on back of robust vehicle sales
Motor sales surged 41%.
Fraser & Neave's net profit plunged 78% to $35.2m in Q1 on back of extremely weak soft drinks sales
It missed expectations by long shot.
Genting Singapore finally breaks ground for $2.4b Resorts World Jeju project
After delays and local government resistance.
Sembcorp in talks with Sete Brasil over delayed payments
The latter now owes around $70-80m.
Biosensors’ net profit plunged 33.2% to $10m in Q3
Due to lower licensing revenue.
SGX’s healthcare stocks averaged 6.0% gain YTD
Check out the best performing stocks so far.
MPA revokes licenses of dubious bunker companies
There were wrongful declarations in the records.
UOB's net profit up 8% to $3.2b in FY14
Driven by broad-based growth.
Wilmar's net profit down 12.3% to $1.7b in in FY14
On back of weaker CPO prices.
Olam's net profit down 12% to $118.7m in Q4
Blame it on currency volatility.
Sembcorp Marine’s net profit up 1% to $560m in FY14
On back of higher rig building revenue.
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