News
Economists raise GDP forecasts to 3.2% in 2018
Economists raise GDP forecasts to 3.2% in 2018
They are more positive thanks to manufacturing growth but are also more worried by a possible global trade war.
Noble inks debt restructuring agreement
It will get a new three-year US$600m trade finance and a US$100m hedging facility.
Frenemies at the gate: Why Trump blocked Broadcom's takeover
Analysts warn that Singaporean companies linked to China will bear the brunt of an ongoing ‘economic war’ with the US.
Grab launches lending services for Southeast Asia
The services will tap into the “huge cache” of customer data from the Grab app to provide credit ratings.
Daily Briefing: Broadcom retreats to US after Qualcomm drama; Direct sales could boost commercial property recovery
And O&M firm Gaylin Holdings receives a US$100m investment and completes restructuring.
Chart of the Day: Island-wide retail vacancy level down to 7.4% in Q4
This was supported by the decline in vacancy levels in the central and suburban areas.
Daily Markets Briefing: STI down 0.38%
Investors are urged to take caution today.
Three property agencies launch real estate online platform
ERA Realty, Huttons Asia, and PropNex Realty are releasing two apps and one portal under the SOREAL umbrella.
Singapore police extends support of MAS' criminal probes
The investigations will now cover all offences under the Securities and Futures Act (SFA) and Financial Advisers Act (FAA).
Singapore is the most livable city for expats
A survey said expats picked Singapore due to low crime rates, quality schools and healthcare, and low pollution.
Noble chases senior creditors for a deal before $379m bond due on 20 March
The bond has no grace period unlike the 2022 coupon that Noble decided to drop on Monday.
DairyFarm's new CEO shuts down lossmaking stores in Singapore
This is part of the strategy to revitalise Southeast Asian stores and hopefully, sweeten profits again.
SIA's ancillary revenue to get boost from e-commerce joint venture
The e-commerce platform will target SIA’s Krisflyer members and its 30 million passenger base.
Trump to Singapore's Broadcom: "You're a national security risk"
Singapore's companies on notice that they could pose a national security risk to America.
Daily Briefing: SGX eases dual-class share rules to lure tech IPOs; Singapore turns to venture debt for funding
And here's Standard Chartered's new MD who moved in after spending five months in rival Safra Sarasin.
Chart of the Day: Hotel supply growth expected to dip to 1.2% in 2018
Should it hit 1.2%, this will be the lowest since 2007.
Developers' whopping profits beat S-REITs' earnings
The FSTREH’s 23.8% growth is larger compared to the FSTREI’s 12.8% rise even after Fed hikes.
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