In Focus

Challenging times ahead for banking industry

Challenging times ahead for banking industry

Delinquencies are sighted to rise from SMEs, large corporates, and retail customers.

In Focus

Average monthly rent for Singapore expats swells 1.4%

Overseas relocation mainly from Hong Kong caused the increase.

In Focus

MAS, finance associations float support packages for individuals and SMEs

It aims to support SMEs with continued access to bank credit and insurance cover.

In Focus

Firms slash electric bills as Singapore launches live auctions for packages

On average, savings can hit 30% off the regulated tariff after live auctions were launched.

In Focus

Telcos to take a hit from decline in travellers

Roaming revenue may be cut in half due to a decline in tourists.

In Focus

Recession risks for 2020 to persist despite resilience budget: analysts

Another fiscal package may be necessary if recession lasts to Q4.

In Focus

Factory output dipped 1.1% in February

The electronics sector saw the sharpest decline in output at 17.3%.

In Focus

Singaporean services hit record-high in customer satisfaction in 2019

But customers stil bemoan the long waiting time in hospitals.

In Focus

General insurance sector posts $28m in underwriting loss for 2019

The top five segments accounted for a combined $43.4m underwriting loss.

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Share buybacks soared to 55-month high in March

The total consideration for the quarter nearly reached the full $544m figure in 2019.

In Focus

COVID-19 pandemic to hit economy harder than SARS

Singapore’s GDP might drop as steeply as 2% YoY in the first half of the year.

In Focus

Singapore SMEs' plight adds to banks' woes

NPL ratio will reach almost 2% YoY for the whole year, the highest since 2009.

In Focus

Returns of China-focused S-REITs down 23% in March YTD

CapitaLand Retail China Trust led the declines with a 33% drop in returns.

In Focus

Pandemic won't topple the hotel sector in the long term: analyst

Occupancy rate climbed to 87.1% in 2019 compared to the 10-year average.

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Singapore's EV adoption tipped to run smoothly: report

The city’s population enjoys a GDP per capita of $89,559.

In Focus

Second COVID-19 support package could include wage support

Targeting the scheme to tourism-related sectors would have high impact.

In Focus

DBS Vickers website battles traffic surge during STI selloff

Stockbroking clients trying to login to trade faced long delays.

In Focus