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Starting Sept 8, 2020, The Edge Singapore is launching the all-new Brokers’ Digest LIVE webcast series. This weekly episode, to be aired on The Edge Singapore's Facebook Live, provides a catch up before the opening bell on the US market. Hosted by Goola Warden, Executive Editor of The Edge Singapore, along with guest speaker Christopher Brankin, CEO, TD Ameritrade Singapore, the 15-minute airtime will discuss a range of issues affecting the US markets from quantitative easing to the US-China trade war and the state of the US equity markets.
SINGAPORE (Aug 15): The latest wave of fintech innovation is beginning to change the way we transact. More banking services are now accessible from our mobile phones and making payments from e-wallets is no longer a foreign concept. These highly visible fintech services are bringing innovation closer to home and are seeing ever increasing adoption, usage and availability.
Globally, fintech investment amounted to US$55.3 billion in 2018, with Singapore receiving US$365 million ($492.4 million), up from US$180 million in 2017 [1].
Among S-REITs, Suntec REIT will be the biggest beneficiary from the Monetary Authority of Singapore’s (MAS) rationalised leverage requirements, says OCBC Investment Research, which provide “more buffer and financial flexibility”.
Following a transformative multimillion-dollar renovation, the iconic Grand Hyatt Singapore has finally reopened its doors.
The monumental two-year project has refreshed the Grand Hyatt Singapore’s aesthetic and functional aspects and approach to hospitality. The extensive revamp extends across the hotel’s accommodations, facilities, and, notably, its dining venues, which have been reimagined to cater to the evolving tastes of international travellers and local patrons alike.
A chef is perhaps the last person you’d imagine would have an appreciation for the slow things in life. After all, managing a kitchen during a packed dinner service is nothing short of a day-long sprint from start to finish; one would think having to stay in this state of constant hurriedness is bound to leave one with a chronic case of impatience.
Living in the tropics, we’ve always been drawn to the beauty of winter, particularly the magic of snow. Travel offers the chance to experience snowfall firsthand while immersing ourselves in the splendour of pristine, white landscapes. But winter isn’t just about the cold; it’s also about warmth and cosiness. The contrast between the crisp outdoors and the comforting embrace of a crackling fire, hot drinks, soft blankets and indoor comforts evokes a profound sense of contentment.
For the work-weary or stir-crazy in Singapore, a staycation marks an escape from those overly familiar walls of the office or house, even if just for a weekend. It’s a chance to tune out and regather one’s marbles before a return to the everyday humdrum.
So, in a time when hotels left and right seem to be trending towards familiarity and homely vibes, staycations can feel a little underwhelming (hands up if you’ve ever checked out asking yourself if you’d just paid to spend two nights in a room that quite really looks like yours).
Singapore may be small, but it sure punches above its weight in the fashion world. The global spotlight has been shining brighter on designers and brands from the city-state in recent years as support from consumers and investors alike grows, spurring a wave of optimism and efforts to develop more homegrown talent.
City Developments
Price targets:
Phillip Securities ‘buy’ $6.87
Citi Research ‘buy’ $9.51
Strong sell-through rate proof of improvement
Early signs of improving property market conditions have emerged, with declining interest rates boosting buying sentiment and transaction activity while easing financial burdens. This has helped City Developments (CDL) post a strong sell-through rate for its new Singapore launches in 3QFY2024 ended Sept 30.
On Nov 21, Thai Beverage Y92 reported relatively flat FY2024 results ended Sept 30, but analysts have found reasons for cheer, buoyed by an optimistic outlook and improving margins.
For FY2024, Thai Bev reported earnings of THB27.21 billion ($1.05 billion), 0.8% lower y-o-y. Revenue, on the other hand, was up 2.2% y-o-y to THB340.29 billion, led by growth across both its beverages and food businesses.