News

UOB raises One Account deposit rates by 0.55 %
20 Jul 18
Millenial account holders, with average balances of $34,000, will benefit most.
Embattled Hyflux struggles with restructuring plan
20 Jul 18
The only concrete news is the 16% staff reduction.
Singapore-based feed producer Gold Coin sold majority stakes for US$550m
20 Jul 18
Shares were bought by the Aboitiz Group's Pilmico.
Property curbs leave Keppel untouched in H1 2018
20 Jul 18
Singapore and China property trading gains even partially backed the 214% net profit jump to $603m.
The search is on for Singapore's most outstanding business leaders at the SBR Management Excellence Awards 2018
20 Jul 18
The deadline for entry submissions is on 5 October.
CBD Aether locks in purchase of Keppel's 51% stake in Beijing prime site
20 Jul 18
CBD Aether has paid $125.2m to exercise the option to buy the property.
Keppel O&M outlook buoyed by contract wins
20 Jul 18
The momentum for new orders that started in 2017 could continue in 2018.
CapitaLand Mall Trust's revenue rose 1.7% to $346.5m in H1
20 Jul 18
Its NPI grew 3.7% to $246.4m in the first half of the year.
Wheelock Property's privatisation bid revives missed chances in West Orchard
20 Jul 18
The general offer is translating to a payment of $3.61 per share for an associate linked to West Orchard.
CapitaLand Commercial Trust could get a boost from rising rents
20 Jul 18
Its committed occupancy rate could also uplift the firm.
Daily Briefing: Malaysian PM says HSR on hold due to lack of funds; Parent company offers to make Wheelock shares private for $598m
20 Jul 18
And here's why the STI could be a casualty in the US-China trade wars.
Chart of the Day: Number of unsold homes hit three-month high at 1,590 units in June
20 Jul 18
This is despite the number of June launches hitting a four-year high at 726 units.
Daily Markets Briefing: STI up 1.14%
20 Jul 18
Expect muted gains today.
Keppel Q2 profits up 44.4% to $246.16m
19 Jul 18
Profits from property and infrastructure offset slight losses in offshore & marine.
SATS Q1 profits up 11.5% to $63.9m
19 Jul 18
Its revenue for both food solutions and gateway services grew.
Singapore is the seventh most sought-after city for global workers
19 Jul 18
Local businessmen think that tax and cost of living could make workers think twice about moving to the Lion City.
Online hiring in Singapore up 3% in May
19 Jul 18
The BFSI sector saw a 19% growth in e-hiring activities.
SGX to expand clearing houses' management powers during defaults
19 Jul 18
It wants to auction clearing members’ positions in derivatives if they ever default.
Manufacturing and services slowdown could hurt Singapore economy
19 Jul 18
Global electronics demand have been hit by the US-China trade war.
ComfortDelGro to test 2 fully-electric taxis that charge for 30 minutes
19 Jul 18
It aims to bring costs down to a third of the price of diesel.
Keppel T&T Q2 profits jumped 137.8% to $25.96m
19 Jul 18
It gained from a dilution of its interest in an associated company.
Singapore signs revised trans-pacific trade deal
19 Jul 18
It is the third of 11 countries to ratify the deal with revised rules on e-commerce.
Property curbs will only hit banks hard by 2019
19 Jul 18
Lenders have one more year of relief amidst previous approvals they drew down.
CapitaLand Commercial Trust's revenue up 9.8% to $194.43m in H1 2018
19 Jul 18
The value of its total investment properties rose 6.7% to $10.6b after acquiring Gallileo.
Keppel Infrastructure Trust sinks into the red with $4.04m loss in Q2
19 Jul 18
Basslink suffered from a two-month outage and contractual issues with the State of Tasmania.
Daily Briefing: Singapore economy could face ‘underlying' growth; 10 MRT stations to shorten operating hours from August to September
19 Jul 18
And here's why PUB fined Nicon Gardens in Chua Kang Road.
Daily Markets Briefing: STI up 0.03%
19 Jul 18
Expect muted gains today.
Chart of the Day: How exposed are Singapore banks to property loans?
18 Jul 18
They're not just limited to mortgages.
SIA-CAE pilot training facility to start operations in August
18 Jul 18
It will provide programmes for Boeing 737, MAX, 747, 777, and 787 aircraft types.
MAS strengthens vigilance against money laundering and terrorism financing
18 Jul 18
They upgraded their data analytics usage for better identification of high-risk areas.
SIA crowned as world's best airline in 2018
18 Jul 18
It recovered from a 10-year title drought and beat 2017 best airline Qatar Airways.
Chart of the Day: 2.5 million sqft of retail space to be developed until 2019
18 Jul 18
The new spaces are poised to benefit from recovering demand and rents.
Daily Briefing: GIC to buy shares worth US$75m from Chinese pharmaceutical firm; REDAS president says property curbs could worsen oversupply
18 Jul 18
And here’s what the Auditor-General found in the People’s Association’s procurement method.
Daily Markets Briefing: STI up 0.21%
18 Jul 18
Wall Street earnings could help lift gains today.
Ryde launches on-demand private-hire car service
17 Jul 18
About 10,000 drivers are now in the platform after the launch of RydeX.
Koufu raises $415.9m from IPO
17 Jul 18
Its public offer of 6.33 million shares was 17 times subscribed.
Singtel arm to buy assets from US advertising firm for US$101m
17 Jul 18
The deal includes Videology’s tech platform, intellectual property, and assets around US$5.3m.
Ezra Holdings abandoned by Asia Fund Space amidst restructuring
17 Jul 18
AFS was not able to procure the holding company to apply for Ezra Holdings’ Catalist listing.
Auditor-General spots lapses in government audit processes
17 Jul 18
Contract management issues in some agencies have lasted for years.
Retail firms paid their debts 22 days slower in Q2
17 Jul 18
But they had the lowest level of severely delinquent debt.

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