News

Venture Corp's profits fell 1.9% to $363.13m in 2019

Venture Corp's profits fell 1.9% to $363.13m in 2019

It is working to implement action plans to stabilise supply amidst the COVID-19 outbreak.

Jardine C&C's net profits skyrocketed 111% to $1.20b in 2019

Growth was anchored by its automotive arm Astra.

SPH REIT to provide assistance scheme for tenants

Tenants will be allowed to operate for shorter hours.

Olam's FY2019 profits soared 62.2% to $564.16m

Higher contributions from cocoa, grains, and animal feed businesses drove the gains.

Golden Agri Resources back in the black with $270.60m profits in 2019

The removal of export levies in Indonesia lifted its palm and laurics segment.

Starhill Global REIT implements COVID-19 measures for retail tenants

They will receive rental rebates and marketing assistance.

Daily Markets Briefing: STI down 0.19%

CapitaLand saw the sharpest decline amongst top active stocks with a 0.82% contraction.

SGX RegCo gives two-month extension for AGMs

Issuers will be allowed to hold AGMs for their 2019 results until 30 June.

138-room The Porcelain Hotel for sale at $115m

The EOI exercise will close on 27 March 2020.

DBS launches portfolio advisory tool to manage investments

It generates an assessment of a client’s portfolio in less than five minutes.

Biotech firm's COVID-19 detection kit greenlighted for launch

It can now be used directly by laboratories or hospitals to test patients for clinical diagnosis.

CapitaLand's mall traffic in China rebounds despite closures

Shopper traffic recently rose to 40-50% of the pre-COVID-19-outbreak levels.

Manufacturing output grew 3.4% in January

Biomedical manufacturing surged 41.1%.

Yanlord's profit down 5% to $664.88m in 2019

Pre-tax profit decline was blamed on decrease in gross profit and increase in finance cost.