News
SATS Q4 profits down 1.8% to $65.4m
SATS Q4 profits down 1.8% to $65.4m
Earnings and revenue were hit by the deconsolidation of SATS HK after the sale of its 51% stake.
SGX bows out of India futures launch amidst lawsuit
It will wait for the results of the lawsuit, which is headed into arbitration.
Chart of the Day: Banks bear the burden of growing credit card debt
Bad credit card debt that was "written-off" jumped 16% to $20.74m in March.
Daily Briefing: STI up 0.15%
Expect muted gains today.
Daily Briefing: Genting Singapore could be largest casualty of scrapped HSR project; Talent crunch stifles fintech boom
And here’s what should know about Manulife US REIT’s Q1 earnings results.
Plantation firms' Q1 profits hit by lower crude palm oil and FFB output
Production of fresh fruit bunches ranged from -2% to -35% for most companies.
Over 2.8 million sqft of retail space is up for grabs
Expect the completion of the Paya Lebar Quarter Mall, which is already 40% pre-leased.
Singapore rallied to 5th spot in world's most liveable cities
Its ranking was boosted by strong economics and governance.
Malaysia has yet to formalise rejection of high-speed rail project
The Singapore government has not yet received any notification from Malaysia.
Weak outlook in China could hit Keppel's strongest unit
Property launches have been pushed into 2020, lifting earnings from China by 30%.
Private condo prices dipped by 0.3% in April
Units in Central were 0.8% cheaper.
MAS to require investors to log stock short sales
They need to be reported through an online portal.
Grab launches GrabFood beta in Singapore
Users can order in advance with no minimum amount required.
Daily Market Briefing: STI up 0.15%
Singtel led the gains at 0.73%.
Chart of the Day: Manufacturing output could taper amidst strong electronics production
Electronic exports have shrunk for 5 months straight despite high output.
Daily Briefing: Malaysia scraps high-speed rail link project; Biotech firm Lion TCR bags $20m in series A round
And here are two companies that recently delivered weaker results. From Reuters:
SGX-NSE talks for cross-border trading fall apart
The exchanges couldn't agree on issues such as timing, regulation, and resources.
Commentary
Banks need to rethink identity governance for AI agents
As Singapore broadens retail investing, who moves before the news?
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions