Real Estate
Hong Kong opens third airport runway with marginal gain in landing slots
HONG Kong’s third airport runway officially starts operating on Thursday (Nov 28), but there will be hardly any additional flight capacity for at least another year. Aircraft movement will...
Genting Singapore’s luck may turn in 2025
The renewal of its casino licence for a shorter two-year term adds to the uncertainties at the integrated resort operator, but a turnaround could comeRESORTS World Sentosa (RWS) broke...
PEC says it has been approached by a third party over a possible share deal
SHARES of engineering company PEC have been on a tear lately and a possible reason for that has emerged.
The company said in a bourse filing on Wednesday (Nov...
Singapore banks, insurers in ‘good position’ to withstand severe macrofinancial shock: MAS
Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S banks and insurers have sufficient capital and liquidity buffers to withstand...
Demand rises on latest Singapore Savings Bond, with 10-year average return of 2.81%
The December tranche receives S$164.8 million in applications, for the S$600 million on offerTHE latest Singapore Savings Bond (SSB), allotted on Wednesday (Nov 27), recorded a rise in the...
Most Singapore companies able to service debt despite higher interest expense: MAS
DESPITE higher interest expenses, most companies in Singapore have been able to generate enough earnings to service their debt, said a report by the Monetary Authority of Singapore (MAS)...
Apple misses out on big 2024 smartphone market rebound: study
GLOBAL smartphone sales rebounded strongly in 2024 after two successive years of decline, but Apple barely managed growth, an independent study showed, underscoring the speed with which Android-based rivals...
Philip Ng raises stake in Vitasoy, prompting speculation of takeover
CEO Roberto Guidetti says it’s ‘open’ to potential business collaboration as company’s shares jumped the most on recordVITASOY International Holdings is “open” to potential business collaboration opportunities, chief executive...