The Business Times
Yong Hui Ting

Yong Hui Ting

emailyhuiting@sph.com.sg
email@yhuitingBT
This comes as the company shifted its focus on generating revenue from a lower cost base, and contribution from its online-to-offline business segment Mitra Bukalapak rose up to 53 per cent in Q3, from 43 per cent in the same period last year.

Bukalapak’s Q3 revenue rises 86% to 898b rupiah on lower cost base

INDONESIAN e-commerce company Bukalapak on Monday (Oct 31) posted an 86 per cent growth in revenue to 898 billion rupiah (S$81.3 million)...

With a gross floor area of 1,141 square metres (12,282 sq ft), the successful buyer of the site will be able to redevelop the plot into a residential project comprising 26 units within an 8-storey building, said Propnex in a release.

Freehold residential sites on Wilkie Rd up for collective sale at S$19.5m

ADJOINING freehold residential sites on 62 and 64 Wilkie Rd will be put up for collective sale with a guide price of...

Confinement centres have been popping up in Singapore in the past 3 years as operators forecast higher demand from parents with higher propensity to spend on post-natal recovery.
BRUNCH

Birth of luxury post-partum confinement services

Centres offering these facilities are on the rise in Singapore, fuelled by rising demand from parents, even if the cost is twice...

Most market watchers also expect more issuances to come this year, given that the bonds are part of banks’ capital adequacy requirements.

Investors’ fear over AT1 bonds long gone; supply expected to rise

INVESTOR confidence in Additional Tier-1 (AT1) bonds was wiped out in the aftermath of the Credit Suisse collapse in March last year,...

The total amount applied for in this round's T-bill was the same as last month’s, at S$12.8 billion.

Latest T-bill yield rebounds slightly to 3.74% amid buoyant demand

THE latest six-month Treasury bill (T-bill) issued by the Monetary Authority of Singapore on Thursday (Jan 4) posted a cut-off yield of...

The signs are pointing to an easing of interest rate hikes this year, which could help lift investor sentiment.

10 Singapore stocks to watch in 2024

GLOBAL markets are seeing a tinge of optimism heading into 2024. The signs are pointing to an easing of interest rate hikes...

ST20231130-202380347923-Lim Yaohui-pixgeneric/ Office workers walking at Raffles Place Park within the heart of Singapore's financial centre in the CBD area on Nov 30, 2023. Can be used for stories on money, population, property, land, commercial, office, invest, budget, income, bank, finance, financial, CBD, URA, population, economy, and development. (ST PHOTO: LIM YAOHUI)
OUTLOOK 2024

M&A activity expected to pick up in 2024; digital infrastructure, renewables to fuel growth

MARKET watchers are optimistic that merger and acquisition (M&A) activity will pick up this year, as the economic environment stabilises after the...

SSBs, which are issued by the Monetary Authority of Singapore, take their interest rates from the average yields of Singapore government bonds from the month before.

Demand for latest Singapore Savings Bond falls after average returns slide to 3.07%

DEMAND for the latest Singapore Savings Bond (SSB) has fallen, according to allotment results posted on Wednesday (Dec 27).

Singapore’s government-issued bonds, such as T-bills, have drawn strong interest this year, after yields crossed the four per cent mark in January and September.
OUTLOOK 2024

Debt capital market set to pick up in 2024, driven by strong Asian fundamentals

DEMAND for bonds will continue to remain strong, owing to the higher-than-normal base interest rates set by the US Federal Reserve. 

Consumer price increases stayed largely flat in September, a week after the Monetary Authority of Singapore (MAS) moved to ease monetary policy on the back of subdued inflation.

MAS to tighten checks for single family offices’ tax incentives to deter abuse

THE Monetary Authority of Singapore (MAS) will broaden the scope of due diligence checks to a wider group of individuals and entities...

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