More pressure to come for telcos' top lines: DBS

MOBILE service revenues, already under heavy pressure, could be headed for a steeper drop over the next two years, an analyst has predicted.

Surprise export dive sparks fears of revision in GDP outlook

REGIONAL economies were behind the shock double-digit drop in Singapore's March exports, even as economists warned of a worsening drag on full-year economic growth.

Singapore exports see biggest fall since 2016, raising risks to GDP forecast

SINGAPORE’S export growth returned to the negative zone in March, partly on the previous year’s high base, according to government agency Enterprise Singapore (ESG) on Wednesday.

Circles.Life woos new sign-ups ahead of overseas launches

CIRCLES.LIFE is gunning for more customers on home turf, ahead of planned launches overseas this year.

Circles.Life ups its customer referral perks ahead of overseas expansion

MORE than one-quarter of telco Circles.Life’s customers sign up after being referred, the mobile virtual network operator (MVNO) has revealed, without giving the exact figure.


Regulator taking light touch on fast-moving telco sector

CONSOLIDATION is inevitable in the fast-moving telecom sector, says Aileen Chia, director-general of telecoms and post at the Infocomm Media Development Authority (IMDA).

UIC buying Marina Mandarin and parts of Marina Sq complex

THE Marina Mandarin Singapore and parts of the Marina Square complex are changing hands for S$675.3 million, in a deal inked last Friday.

Heeton consortium buys Crowne Plaza London Kensington

THE ritzy Crowne Plaza London Kensington has been sold for £84.3 million (S$148.9 million) - but it will stay in the hands of Singaporean owners.

NGSC's chairman, ex-CEO and others face removal from board

MAINBOARD-LISTED satellite service provider NGSC’s former chief executive, fired in March, is now the target of efforts to take away his board seat - along with the chairman’s and two other directors’.

ST Engineering unit gets US government go-ahead to buy engine parts maker

MAINBOARD-LISTED Singapore Technologies Engineering has been allowed to buy a maker of critical aeroplane engine parts from the United States’ General Electric, it disclosed on Sunday.

Heeton-led consortium buys London hotel for £84.3 million

A SINGAPOREAN consortium has snapped up the Crowne Plaza London Kensington hotel for £84.3 million (S$148.9 million), in a April 11 deal that was announced on Sunday morning.

Struggling Ryobi Kiso will sell joint-venture unit to raise funds

EMBATTLED construction firm Ryobi Kiso Holdings will divest its entire interest in a geotechnical engineering subsidiary well below appraised value, to the joint venture’s founder.

UOL wins full control of Marina Mandarin hotel, as UIC unit buys out OUE and others

THE Marina Mandarin Singapore and parts of the Marina Square complex are changing hands for S$675.3 million, under a deal last Friday involving firms linked to tycoon Wee Cho Yaw.

Singapore Q1 GDP growth hits decade low

SINGAPORE'S economy is growing at the slowest clip since the global financial crisis, according to flash data for the first three months of the year.

Weak manufacturing drags Singapore economy to 1.3% growth in Q1, slowest since 2009

SINGAPORE seems to have started the year off on the wrong foot, with economic flash data coming in a shade beneath market expectations in the first quarter.


Chip sector on the mend? Economists hold mixed views

ASIA'S slumping semiconductor cycle could soon return to growth mode, a report has suggested, on the back of the latest regional numbers.

BM Mobility dismisses CFO after two months

MAINBOARD-LISTED electric transport group BM Mobility is now outsourcing its accounts, having dropped its financial controller two months into a controversial appointment.

BM Mobility drops financial controller, two months into the job

MAINBOARD-LISTED BM Mobility has given its group financial controller the boot, not long after his controversial appointment to the post.


Singapore unveils innovation lab for self-sailing ships

SELF-SAILING ships are set to join drones and self-driving cars in Singapore's future transport landscape.


Harness technology, go where the trade flows are: Chan Chun Sing

TRADE is Singapore's lifeline, Trade and Industry Minister Chan Chun Sing declared at the annual Singapore Maritime Lecture on Monday.

China's Belt and Road will outgrow its teething woes: Panel

CHINA'S flagship Belt and Road Initiative (BRI) may have hit some speed bumps at the outset, but there's no hiding from its ambitions and its progress, observers here have said.

Global changes call for rethink of Singapore shipping: Chan Chun Sing

SINGAPORE’S continued success as a maritime hub must come on a broad view of trade, Minister for Trade and Industry Chan Chun Sing has said.


Trade woes have opened doors for Singapore, says ExxonMobil

GLOBAL trade woes may have forced ExxonMobil to tweak its supply chains - but this has not been to the detriment of Singapore, a senior exec has said.

Climb mountains, but leave no one behind, says minister

SOCIETIES turn against free trade and technology when workers are left behind, Minister for Trade and Industry Chan Chun Sing warned on Friday.

Irish eyes are smiling

SINGAPOREANS are dining on the world's best ducks - which are Irish, Heather Humphreys is glad to report.