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Singapore banks likely to post record earnings for full year 2018THE three Singapore banks are expected to announce record full year 2018 earnings in their upcoming Q4 results with modest loans growth amid higher margins. Read more at The Business Times.
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Insurance new business premiums up a modest 3% in 2018MARKET uncertainty and volatility took a toll on insurance sales in the fourth quarter of 2018. Read more at The Business Times.
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Visitor arrivals to Singapore grew 6.2% in 2018, beating expectations and outpacing tourist spendingVISITOR arrivals to Singapore beat initial forecasts for the year of 2018, but tourism spending did not quite match up even as it saw year-on-year growth, according to data released on Wednesday by the Singapore Tourism Board (STB). Read more at The Business Times.
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Singapore CBD Grade A office rents in 2018 post highest annual growth since 2010: ColliersTIGHTENING vacancies have driven up Singapore prime office rents in 2018. This saw average CBD (central business district) Grade A office rent rising by 2.4 per cent to S$9.43 per square foot per month (psf pm) from Q3 to Q4 2018, bringing the full year rental growth to 14.9 per cent, Colliers International's data showed. Read more at The Business Times.
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