News
Electricity retailer iSwitch forms partnership with ES Power
ES Power’s customers existing contracts worth US$15m will be novated to iSwitch.
Electricity retailer iSwitch forms partnership with ES Power
ES Power’s customers existing contracts worth US$15m will be novated to iSwitch.
Accrelist scraps unmanned AI retail store WE9GO's full launch
Instead, it will focus on strengthening its facial recognition verification services.
City Developments to buy out Millennium & Copthorne Hotels for $3.86b
M&C shareholders will be entitled to receive $11.88 for each M&C share.
Daily Markets Briefing: STI up 0.64%
UOB led the gains at 1.13%.
The Straits Times Index ended 20.11 or 0.64% higher at 3,166.29.
The top active stocks were DBS, which grew 0.57%, UOB, which rose 1.13%, Singtel, which inched up 0.92%, OCBC, which gained 0.66%, and ST Engineering, which rose 1.49%.
The FTSE Mid Cap inched up 0.09%, whilst the FTSE Small Cap grew 0.46%.
Daily Briefing: Security automation startup H3 to close $21.83m funding round in August; Circles.Life eyes expansion in APAC
And here’s why Kampong Bugis could be risky for developers.
Chart of the Day: Monthly retail rents of first-storey spaces up 0.5% in Q1
Properties in Orchard/Scotts Road has the most expensive rates at $36 to $39 psf.
GrabPay integrates MyInfo into user verification process
The new feature will be available to all users by end of June 2019.
Singapore banks' bad loan ratio to hit 1.7% by 2020
Blame higher delinquencies from SMEs and non-financial firms.
Fave acquisition intensifies mobile food ordering competition: Waitrr
Fave bought takeaway apps CutQ and FoodTime.
JLC Advisors' missing lawyer linked to Allied Tech's missing $33m arrested
The lawyer was accused to have deceived CCJ Investment in disbursing $6m.
KS Energy-Universal Energy Resources consortium bags $129.6m drilling contract
It will charter a semi-submersible drilling rig in Indonesia in H2 2019.
Five confirmed and eight reserve list sites to be launched under H2 2019 GLS programme
The sites can yield 6,430 private residential units and 92,000 sqm GFA of commercial space.
Singapore CEOs less bullish on revenue growth than global peers
Revenue growth is expected by 28% of CEOs in Singapore and 46% globally.
ST Engineering and Vietnam Airlines form JV in Vietnam
The joint company will focus on component MRO solutions.
Singtel and ComfortDelGro tie up for in-app taxi booking feature
The partnership will extend Dash users’ ability to pay for their cab fares via QR code.
COE prices closed mostly lower in latest bidding exercise
The prices of category E vehicles saw the highest decline of $4,998 to $42,002.
Chart of the Day: 1.5 million sqft of retail property supply to come online by 2022
Over half of the upcoming retail development will be completed in 2019.
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