News
Frasers Property unit secures $785m green club loan
Frasers Property unit secures $785m green club loan
The net proceeds of the five-year term loan will be used to refinance the development of its Northpoint City South Wing mall.
ST Engineering inks deal to expand its autonomous bus platforms
Its AV kit will be integrated onto EV manufacturer BYD’s buses.
COE prices close mostly higher in latest bidding exercise
Open vehicles under Category E saw the highest increase of $3,380.
Daily Briefing: Temasek in talks to sell 10% stake in A.S. Watson for $3b; Two freehold redevelopment sites in Lavender Street for sale for $47.4m and $12.6m
And private equity firm Novo Tellus to acquire 29.6% stake in Procurri for $12m.
Chart Of The Day: PMETs account for 52.7% of job vacancies in 2018
Overall, one in three vacancies were unfilled for six months or more.This chart from the Ministry of Manpower shows that professionals, managers, executives & technicians’ (PMET) share of all job vacancies trended higher in 2018 at 52.7% in 2018 from 48.5% in 2017.
Daily Markets Briefing: STI down 0.41%
Don’t expect gains today.
MAS slapped $16.8m in penalties on 42 financial firms in the last 18 months: report
Other enforcement actions included 19 prohibition orders, $698,000 in civil penalties and 223 warnings.
Dairy Farm's profits may edge up 11% over the next three years: analyst
Growth could be driven by higher contributions from its health & beauty division and associates.
Inside Deliveroo's futuristic food market
The site features a fully-automated ordering experience and 40-seater dine-in space.
Oxley terminates LOI for $950m sale of Mercure and Novotel hotels
Its purchaser Gracious Land failed to make its subsequent 4% consideration deposit of $38m.
Daily Markets Briefing: STI up 0.25%
Don't expect gains today.
Chart of the Day: Singapore's VC investments hit $6.65b in 2018
VC investment activity stands at $174.3b (US$129b) in Asia.
Daily Briefing: Casa Sophia relaunched for en bloc sale at lower price; Golden Gate Ventures targets US$200m fund to invest in tech start-ups
And here’s why GIC is eyeing assets in Brazil.
Grab ventures into SME lending and micro-insurance
One product is a post-paid and installment payment service called Pay Later.
Mortgage recovery looms for UOB as residential market stabilises
Mortgages will grow to mid-single-digit in 2019 from 4.3% in 2018.
Hong Kong and Paris squeeze into Singapore's throne as costliest city globally
Singapore and Hong Kong are 7% more expensive than New York.
Sheng Siong's new-store strategy may fall flat as consumer sentiment sours: analyst
It opened 10 new stores in 2018, the highest figure since 2012.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape