Daily Briefing: M1's recent dividend cut; Ballymore to launch London riverside development in Singapore

And here are the best firms to work for this year.

From the Motley Fool Singapore: The local telco proposed a dividend of 5.2 cents, which was down from the seven cents that it paid out last year. The new dividend is a 25.7% decline. The dividend cut comes after M1 reduced its dividend by 15.6% in 2016. The matter did not escape the scrutiny of analysts during M1’s earnings briefing. There were questions about the sustainability of the current dividends and future expectations. Read more here.

From Yahoo!: Ballymore will launch an East London riverside development, Goodluck Hope (below), on Aug 12 and 13, at St Regis Hotel Singapore. The 804-unit Goodluck Hope is located on the River Thames, and surrounded by water on three sides. The first release at the project will feature suites, and one-, two- and three-bedroom warehouse and tower apartments. Sizes range from 404 sq ft for a suite to 1,359 sq ft for a three-bedroom apartment, with prices ranging from £429,000 ($770,133) to more than £1.4 million. Read more here.

From Zuu Online via Yahoo!: A slow economy, poor employment outlook, stagnant median pay, rising unemployment for citizens at the expense of substandard ‘foreign talent’ who drag productivity down – have been the common complaints of Singaporean graduates of late. Amidst the gloom and doom, is there a sliver of hope somewhere for today’s young graduates expecting to enter the job market? Here we take a look at surveys by Singapore’s 100 Leading Graduate Employers and Randstad Singapore to learn about the top companies to work for within the country. The results are based on graduates’ and university students’ opinions. Read more here.