Bank of China to release Sheng Siong credit cards

21 Jul 2017 - Singapore Business Review
These contactless cards offer 12% cash rebates. As part of efforts to drive Singapore's cashless agenda, the Bank of China Singapore Branch (BOCSG) and local supermarket chain Sheng Siong launched a new contactless credit card that offers up to 12% cash rebate across all stores. According to a joint ...

Keppel's profit down 22.1% to $160.3m in Q2

21 Jul 2017 - Singapore Business Review
Its O&M division also performed poorly and lost $60m. Keppel Corporation struggled to keep their records up as their profits for the second quarter reached only $160.3m, a 22.1% drop from last year's. According to the group’s quarterly report, its Offshore and Marine (O&M) division had a net profit of ...

Singtel to deploy near-gigabit mobile data speeds

21 Jul 2017 - Singapore Business Review
This will be available at selected locations. Singtel will be launching near-gigabit speeds on its LTE Advanced network at selected high-traffic outdoor locations across the island, starting with Orchard Road. At 800Mbps, it is Southeast Asia’s fastest gigabit-class LTE mobile data peak speed, delivering ...

AI to double Singapore's economic growth rate by 2035

21 Jul 2017 - Singapore Business Review
It could boost labour productivity by 41% in the said year. A new research from Accenture revealed that artificial intelligence (AI) will be a key driver of Singapore’s economic growth. According to the study, AI could nearly double Singapore’s annual economic growth rates by 2035. The research also ...

First Reit: Strengthens Portfolio With Acquisition In Strategically-located Port City On Buton Island, Indonesia.

21 Jul 2017 - ShareInvestor Express
Bowsprit Capital Corporation Limited ("Bowsprit"), the manager of First Real Estate Investment Trust ("First REIT" or the "Trust", and as manager of First REIT, the "Manager"), today announced that First REIT, through its wholly-owned subsidiary, SHButon Investment I Pte. Ltd., has entered into a conditional ...

CapitaMall Trust: 2Q 2017 Net Property Income Up 1.2% Year-On-Year.

21 Jul 2017 - ShareInvestor Express
CapitaLand Mall Trust Management Limited (CMTML), the manager of CapitaLand Mall Trust (CMT), announced today that CMT has achieved a net property income of S$117.5 million for the period 1 April 2017 to 30 June 2017 (2Q 2017), 1.2% higher than the S$116.1 million for the same period last year (2Q 2016). ...

Courts Asia: Courts Malaysia Celebrates Expansion In Sabah.

21 Jul 2017 - ShareInvestor Express
Committed to expanding its presence in East Malaysia, COURTS Malaysia today welcomed two brand-new stores with the opening of COURTS Keningau and COURTS Semporna. The new additions mark COURTS' tenth and eleventh establishments in the region, after the opening of COURTS Complex Karamunsing back in March ...

Office space leasing activity buoyed by Marina One and UIC Building

21 Jul 2017 - Singapore Business Review
Net absorption sits at 923,810 sqft for Q2. Singapore's office market reported a steady net absorption for the past quarter with the completion of the East Tower of Marina One and UIC Building. According to CBRE Research, net absorption for the quarter was at 923,810 sqft. "This figure was boosted by ...

EMA eyes establishing regulatory sandbox for the energy sector

21 Jul 2017 - Singapore Business Review
They want industry players to test new products and services in a safe space. The Energy Market Authority (EMA) of Singapore is following the footsteps of the Financial Technology sector in setting up a regulatory sandbox for players to test their new products. "The establishment of a regulatory sandbox ...

Singtel launches near-gigabit mobile data speeds at selected outdoor locations

21 Jul 2017 - Business Times Breaking News
SINGTEL is launching, in phases, near-gigabit speeds of 800 Mbps on its LTE advanced network at selected high-traffic outdoor locations in Singapore.On Friday, the telco announced that customers with Sony Xperi XZ Premium smartphones will be able to utilise the 800 Mbps peak speeds at Shaw Centre, ION ...
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