News

Daily Markets Briefing: STI down 0.41%

Medtecs International saw the sharpest decline amongst top active stocks with a 6.62% contraction.

Chart of the Day: Jobless rate rose to 2.4% in Q1

Unemployment rates could rise by the end of the year.

Condo resale prices down 0.6% in June

But 178.6% more units were sold during the month compared to May.

Singapore Paincare Holdings offers IPO shares at $0.22 apiece

Estimated net proceeds will be approximately $3.54m.

Singapore, Malaysia to implement cross-border travel schemes

These are expected to be implemented by 10 August.

SPH expects profit to drop in FY2020

The group’s print ad revenue plummetted 51.4% in Q3 FY2020.

MAS' environmental risk initiative a positive for banks: Fitch

Sustainable financing amounted to around 2-3% of the big three's 2019 loan portfolios.

Hyflux's potential white knight prepares to launch invitation

The investor assured that they are aware of the tight timelines.

SIA Group to reach 7% passenger capacity in August

It is expected to operate at 6% capacity this month.

Chart of the Day: Industrial production contracted 7.4% in May

The contraction is attributed to the circuit breaker measures implemented.

Daily Markets Briefing: STI down 0.81%

Medtecs International saw the sharpest decline amongst top active stocks with a 21.84% contraction.

Singapore tops autonomous vehicle readiness index

This marks the first time the city-state has led the index.

Ascott Residence Trust projects 80-90% revenue plunge

It expects its revenue per available unit (RevPAU) to remain under pressure.

MAS-led Project Ubin Phase 5 shows commercial capabilities

The prototype successfully settled multicurrency transations on the same network.

City Developments expects notable losses in H1

Measures to control the pandemic have adversely impacted the group’s hotel operations.