Singapore

Industrial property prices and rents are turning around

Property prices dipped 3.6%, whilst rents fell 2%.

Citic Envirotech Q1 profits soared 140.5% to $39.33m

It said it will benefit from China’s strict policies on pollution.

Singapore's factory output grew 5.9% in March

This was bolstered by semiconductors, which has been growing at a double-digit rate for 25 months.

14 Singaporean companies sign deals with Zhejiang-based firms

Some of the companies were CapitaLand, Mapletree, and Surbana Jurong.

ST Aerospace wins maintenance contract for Vietnam Airlines

The two companies will also set up a joint venture for MRO solutions.

Changi Airport handled 5.56 million passengers in March

Aircraft movements also grew 5.4% to 32,590 landings and takeoffs.

Baltic Exchange to launch escrow service for vessel sales in Singapore

The service will go live in May 2018 and cost US$5,000 per side.

Far East Hospitality Trust profits up 4% to $23.01m in Q1

The influx of visitors from the Singapore Airshow last February partially contributed to higher earnings.

Delayed IPOs in Singapore are piling up

Summit Power has delayed its IPO, citing recent market volatility.

Citi links credit card to Apple Pay's system

The service was simultaneously launched in Australia and Hong Kong and will be rolled out to Taiwan later this year.

Frasers Hospitality Trust profits down 4% to $27.75m in Q2

The company’s property operating expenses edged up 0.4%.

Casino operator's profits smash analyst expectations as Singapore earnings surge

Earnings generated within the lion city rose 50%, buoying the profitability of Las Vegas Sands Corp.

Dairy Farm sells 14 7-Eleven stores

The portfolio is composed of 13 prime HDB shophouses and a retail shop.

Singapore and Vietnam tie up for fintech cooperation

Additionally, the two countries also revised a partnership on banking supervision.

E-payment platform UNPay launched in Singapore

The platform, which has been tapped by Alibaba and Baidu, previously raised US$63m from initial funding.

Singapore gives $6.5m to International Maritime Organisation

It also launched a 5-year technical cooperation with IMO for fellowships, workshops, and scholarships.