News
Keppel eyes construction of three semisubmersible drilling rigs at $560m each
Keppel eyes construction of three semisubmersible drilling rigs at $560m each
If the deal pushes through, total contract value could go up to $2.3b.
CityDev Q4 profit crashed 23.4% to $186.7m
It lost the revenue boost from Hong Leong City Center that it got in 2016.
Singapore loans grew 8% in 2017 but still lagged behind Hong Kong
A robust economy and optimism in the property market are slowly narrowing the gap.
IHH recovers from loss with $34.15m Q4 profit
It continuously ramped up its hospitals that opened in 2017.
Chart of the Day: Business investments grew 2.2% after 15-month decline
Companies are more optimistic with plans of expansion and aggressive hiring.
Daily Markets Briefing: STI down 0.43%
Don't expect gains today.
Daily Briefing: PM Lee to reshuffle cabinet; Singapore bars communication in terror attack areas
And here’s why Singapore unicorn Sea Ltd shares plunged 20% since its overseas listing.
UOL Group 2017 profits jumped 210% to $891.01m
Its consolidation with UIC Group raised revenue.
Services sectors' sales up 8.6% in Q4 2017
The information & communications services industry grew 13.6% and led the sector’s growth.
Sumang Walk's EC development could yield 820 units
Since the site was sold for $509.37m, it could have a breakeven price of $1,000 psf.
Almost half of employers plan 3-6% wage hikes in 2018
The raises will be surely received by those with niche skills in sales, IT, and accountancy & finance.
Windy Heights up for en bloc sale at $806.2m
The site currently has four residential blocks of 192 apartment units, eight penthouses, and two commercial units.
Hong Kong offers better jobs than Singapore, say expats
Nineteen percent of expats in Singapore think they have great job opportunities compared to 24% in Hong Kong.
For Abu Dhabi-based Goldilocks, Noble's debt restructuring plan is just not right
It warned Noble's losses will erode the little cash it has left.
Golden Agri Resources hit by $38.25m loss in Q4
It warned that it will continue to be hurt by prices of crude palm oil and competing seed oils.
Holland Road condo up for en bloc sale at $220m
Developers can turn it into a residential development of 166 units.
Tulip Garden up for en bloc sale at $753m
When redeveloped, it can offer up to 670 new homes with an average size of 790 sqft.
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