News
Banks poised for widening NIMs
Banks poised for widening NIMs
DBS and UOB posted sequential 5bps and 3bps widening respectively in Q1.
Keppel sells Shenyang City township project for $105m
It sold its interests in Keppel Bay Property Development Shenyang, which owns the project.
RCR private condo prices up 12.6% in April
This helped boost overall prices by 9.5%.
Chart of the Day: $5.8b in collective home sales dominated residential investment transactions in Q1
This marks the best performance of the segment in eleven years.
Daily Briefing: Maybank rolls out digital upskilling programme; Sembcorp net debt hits $7.29b as of end-March
And the government is updating the Bukit Timah Heritage Trail.
Daily Markets Briefing: STI down 0.35%
Investors are urged to take caution.
DBS non-performing loan formation in Q1 hits 4-year low
New NPLs declined 63% to $195m.
Government land sales set benchmark prices in Q1
The highest bid for Sumang Walk at $583 psf ppr hit a record-high.
Circles.Life to exchange data for public transport rides
It offers customers 100MB for every 10 rides using EZ-Link on public transport.
Shophouse sales soared 281% to $478.6m in Q1
The strong demand came from local and foreign high net worth individuals.
3 in 10 bosses could pay bribes to win business
There remains a mismatch between intentions of integrity and actual behaviour, EY said.
Property investment sales surged 89% as market beats trade worries
The residential en bloc momentum continued to bolster sales to $11b.
2 in 3 of Grab's new services are derived from old Uber products
The first service, GrabAssist which was built on Uber Assist, will accommodate foldable wheelchairs and walkers starting today.
CCCS monitors Grab and Uber's compliance with competition measures
Smith & Williamson LLP serves as the independent monitor, which was recommended by the two firms.
StarHub caves under pressure of fierce competition
The telco’s wireless and pay TV business suffered the heat of new telco players in Q1.
MAS collaborates with three agencies to accelerate AI adoption in finance
The regulatory body has partnered with the EDB, IMDA and IBF.
Keppel DC Reit to buy Kingsland Data Centre for $295.1m
The acquisition aims to cater to multinational demand for data centre space.
Read Here
Advertise
Sign Up
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