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Lender poised to record stronger loan growth
Finance in the digital age is turning impatient. Younger investors would rather leave the creation of long-gestation assets to sovereign wealth funds and state institutions.
SINGAPORE: CapitaLand shares jumped when the market opened on Monday after the property giant said it will divest partial stakes in six of its Raffles City developments in China for 46.7 billion yuan (RM30bil) to Ping An Life Insurance Company of China.
SINGAPORE: Demand for co-working spaces in Singapore has increased markedly in recent months with signs of economic rebound and more people back at work in the office.
SINGAPORE: Standard Chartered Plc is weighing options to downsize its office space in what could become the biggest floor cuts by a bank in Singapore in recent years, according to people familiar with the matter.
SINGAPORE: ByteDance, the owner of viral video app TikTok, has embarked on a hiring spree in Singapore, as the Chinese group deepens its operations outside the mainland to satisfy global regulators.
SINGAPORE: CapitaLand Ltd, Singapore’s largest developer, posted a record full-year loss after writing down the value of some investment properties and residential projects during the pandemic.
SINGAPORE: Hotels may have experienced a boost during the December break thanks to the tourism vouchers and the school holidays, but they continue to face an uphill struggle this year without international travellers.