News

Japfa profits soar by 168% in 2020
1 Mar 21
The agri-food firm's profits were driven by its operations in Vietnam and China.
Yanlord profit drops 22.6% in 2020
1 Mar 21
The China-based real estate firm said its developments continue to be highly sought after.
Singaporeans struggle to upskill amidst pandemic: survey
1 Mar 21
Workers aged 18 – 24 reportedly struggle the most.
HealthCerts scheme to issue digital COVID-19 test certificates
1 Mar 21
The scheme will help in enabling safer international travel.
Medtecs International revenue skyrockets by 480.4%
1 Mar 21
Global surge in demand for PPEs attributed to the increase in revenue.
CapitaLand announces completion of Ascendas Innovation Hub transaction
1 Mar 21
AIH Co ceased to be an associate company of CapitaLand after the completion.
UOL net profit plunges by 97%
1 Mar 21
Earnings per share took a dive from $56.8 cents to $1.6 cents.
Total Marine Fuels awarded LNG bunker supplier license
1 Mar 21
This is the third bunker supplier license issued by the marine industry regulator.
MND releases revised Development Charge rates effective March 1
1 Mar 21
CBRE comments that these rates are within expectations.
IHH Healthcare revenue dips 10% in 2020
1 Mar 21
But shows recovery QoQ across all markets.
Elite Commercial REIT to finish maiden portfolio acquisition
1 Mar 21
It plans to issue 131.4 million units at $1.27 per unit.
UHREIT distributable income hits US$15m
1 Mar 21
This is 2% higher than the IPO forecast.
Daily Briefing: Plant-based meat startup Next Gen raises $13.28m; Two adjoining sites at Still Road, Koon Seng Road on sale for $21m
26 Feb 21
And government adopts calibrated approach in balancing heritage preservation.
Hong Leong Asia's profits up 6.5% to $155.21m in FY2020
26 Feb 21
Its holding company China Yuchai International drove up revenue.
Golden Agri posts 15% loss in 2020
26 Feb 21
The Indonesian agriculture firm expects the demand in palm oil to recover in 2021.
How higher investment returns and sustainability go hand-in-hand
26 Feb 21
Half of Singaporeans believe they’ll need to compromise returns, but St James’s Place’s Robert Gardner says otherwise....
CDL suffers $1.9b loss in H2 2020
26 Feb 21
The property firm's revenue fell by 38.5% for FY 2020.
Retail and industrial property market expected to recover in 2021
26 Feb 21
Retail rents in Orchard Road and Regional Centres declined 2.5% on average in H2 2020.
JTC unveils Woodlands Industrial Park site for development
26 Feb 21
Developers may apply for the Woodlands Industrial Park E7/E8 area.
Singapore tops Asian outbound real estate investment for third consecutive year
26 Feb 21
This accounts for S$16.05 b (US$12.1b) worth of deals in 2020.
Far East Orchard profit crashes by 94% in 2020
26 Feb 21
The hotel operator took a massive hit behind closed borders.
ASLAN Pharmaceuticals announces $18m private placement
26 Feb 21
The financing closed on 25 February.
Seven plantation-based stocks on SGX enjoy strong gains
26 Feb 21
Wilmar was declared fifth most-traded stock overall on SGX.
Look beyond CapitaLand's FY2020 headline figures: analysts
26 Feb 21
OCBC Investment Research and RHB gave a 'buy' recommendation for CapitaLand.
Telcos should prioritize sustainability in 5G deployments: research
26 Feb 21
This is amidst the rising challenges on 5G energy management.
Market Update: STI ends higher along with Asian peers
26 Feb 21
The Straits Times Index climbed by 48.96 points or 1.67% on Thursday, ending the day's trade at 2,973.54.
Daily Briefing: ICA warns of fake website; Rainmaking launches $30m fund to invest in maritime startups
25 Feb 21
And Queen Astrid Gardens relaunched for en bloc sale for $123.8m.
Over a third of Singaporeans' saving habits hit by pandemic: study
25 Feb 21
Only 17% say they were able to save more.
Starhub lower YoY contributions, sequential improvements noted: analyst
25 Feb 21
The company’s Q4 2020 revenue fell 5% YoY to $579.5m.
Aztech Global plans Singapore Exchange comeback
25 Feb 21
Technology firm Aztech Global seeks permission for a fresh initial public offering.
SembMarine losses likely to continue, ‘multiple headwinds' ahead: analyst
25 Feb 21
The group recorded a net loss of $583m for FY2020.
Lendela's journey as a business-loan matchmaking platform
25 Feb 21
The platform handles both the lending process for borrowers and lenders.
Wilmar International FY2020 net profit surges 18.6% to US$1.53b
25 Feb 21
Its revenue for FY2020 increased 18.5% to US$50.53b.
CapitaLand records $1.57b net loss in FY2020
25 Feb 21
This is due to revaluation losses and impairments.
SaaS startup Saltmine raises US$20m in Series A funding round
25 Feb 21
The funding round was led by Singapore-based Jungle Ventures.
17 food and drinks outlets penalized for safety breaches
25 Feb 21
These establishments have broken safety and crowd management measures during the Lunar New Year period.
SIA Engineering to grow engine service business
25 Feb 21
It announced the setting up of its new business unit.
Two Singapore startups join fourth EY incubator program
25 Feb 21
EY expands the incubator program to five countries.
OUE Lippo Healthcare to roll out recapitalisation plan
25 Feb 21
Part of the plan is converting existing shareholder loans and accrued interests.
Market Update: STI rises amid lower Asian markets
25 Feb 21
The Straits Times Index continued to rise on Wednesday trade, up by 33.88 points or 1.17% to end the day at 2,924.58.

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