News
Singapore’s inflation eased to 0.1% in October on back of lower transport costs
Housing costs continued to soften.
Stingy tenants flee the CBD as office rents hit record high
Rents will keep getting higher and higher.
SATS struggles for growth amid weak industry outlook
The weak yen is another cause for concern.
Singapore is one of the world’s easiest places to do taxes: study
Even if tax rate has increased.
Volatility of freight rates surged to an average of 138% in November
As bulk commodity supply ramped up.
ING brings in PwC for scandal-hit OW Bunker Group
Three lenders appointed as joint receivers.
DBS completes first international bond issue in Singapore
The $180m bond issue was oversubscribed.
Chart of the Day: See the supply glut in floaters beginning 2017
Most of these rigs will be absorbed as drillers.
Daily Briefing: Singapore ranked 4th best place to work; HDB sets quota to help families live near each other
And Singaporeans baffled by UOB’s Painting of the Year.
Daily Markets Briefing: STI up 0.9%
Expect more good news today.
Singapore’s F&B operators struggling to cope with a ton of waste
Food waste is a major cost concern.
HDB rolls out enhancements to married child priority scheme
Up to 30% of new flats will be set aside for applicants.
SGX launches five petrochemical derivatives
It will be launched in two phases.
Money, money, money: Singapore’s ultra-rich residents control 17% of the country’s wealth
There are 1,395 ultra-high net worth individuals living here.
UOB, DBS and OCBC surpass 5.5% global bank index with 14.2% average total return
They have a combined market cap of $126.3b.
LTA regulatory framework frees taxi passengers from disclosing destination to booking apps
To avoid picky drivers.
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