News
Life insurance industry hit with sales slowdown as new sales slide 6% in Q3
New business premiums slipped to $705.4m.
World’s worst performer: Singapore luxury home prices plunged 10% in Q3
It saw the biggest drop in a global index.
OW Bunker unearths massive fraud at Singapore subsidiary
The Danish firm stands to lose $196.88m.
Risks intensify for local developers after short-term debt surged to record high
Short-term loans hit $13.7b in June.
Sembcorp Marine’s Q3 profit hit by 10% slip in ship repair revenue
Can a rebound occur in Q4?
Singapore’s property curbs send Sentosa prices plummeting
Condo prices are near an eight-year low.
OUE HT suffers from less Indonesian visitors in 3Q
Success is hinging on Mandarin Gallery’s momentum.
SIA Engineering profits take a 40.7% nosedive in 2Q15
No thanks to fewer aircraft checks.
Starhub’s broadband revenue dipped 17% in Q3 on back of cutthroat price competition
Net profit decreased 4% year-to-date.
Ascott REIT’s gross profit climbed 9% to $48.8m in Q3
Thanks to income from acquired properties.
Ezion’s profit surged 28.9% to $63.7m in Q3
Revenue also jumped 24.5%.
SGX mired in darkness after major power outage on Wednesday
Trading was halted for several hours.
BCA requires non-landed residential projects to adopt drywall for partitions
New regulations include standardised staircases, chutes, and doors.
Daily Markets Briefing: STI up 0.2%
Expect more good news today.
Chart of the Day: Singapore’s new private homes crashed 63.8% in 3Q
Developers had to sell more from existing projects.
Daily Briefing: Singapore ranks first in smartphone addiction; COE closed mixed in latest tender
And Singapore seals IRB Sevens hosting.
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