News

Say goodbye to 2G mobile phone network

Some 140,000 people still using 2G handsets would have to upgrade.

Keppel DC REIT's net property income up 14.2% to $24.9m in Q4

Thanks to the contribution from Cardiff DC and Milan DC.

Chart of the Day: Check out the expected boom in Singapore's e-commerce market

It is foreseen to grow to US$5.4b in 2025. According to OCBC Investment Research, the growth of e-commerce will continue to shape the competitive scene of Singapore’s retail sector, and evolving consumer preferences will continue to create challenges for traditional retailers. "According to a report by Google and Temasek, Singapore’s e-commerce market formed 2.1% of total retail sales in 2015 with a value of US$1b," it said. OCBC added, “This is projected to increase at a CAGR of 18% to reach US$5.4b in 2025, and is expected to contribute 6.7% of Singapore’s retail market. Hence, although e-commerce sales are forecasted to increase at a faster pace as compared to traditional retail channels, we can see that the latter would still have significant weight in the value chain."

Singapore inflation up 0.2% in December

Thanks to a stronger pickup in private road transport cost.

3 reasons why SPH suffered $15.9m one-off charges in Q1

For starters, it allotted $7.2m for retrenchment and outplacement benefits.

Is Singapore market's attractiveness for private equity buyouts fading?

It has been on the slump since 2014, giving way to Indonesia and Vietnam.

FCT's net property income down 5.7% to $31.6m in Q1

Losses were due to renovations at Northpoint.

Jurong Port Academy to upskill port workers

It will leverage new tech for more efficiency.