News
Bumitama Agri suffers 36.4% profit decline over taxes
Bumitama Agri suffers 36.4% profit decline over taxes
The company’s profit was affected by Indonesian government's CPO levy and export tax.
ST Engineering secures $1.5b worth of new contracts for Q1
ST Engineering has more pending international projects in commercial aerospace, satellite communications and defence.
Sasseur REIT net income up 47.8% as Chinese malls recover
Sales at malls owned by Sasseur REIT rebounded one year after they were temporarily closed shop due to the pandemic.
Academia, Singapore LNG, and Subarna Jurong to study green data centre feasibility
Together, the groups will study the possibility of using liquid cooling technology and solar energy in data centres.
Singapore-based Digital Edge acquires two data centers in Japan
The company now has six data centers in its portfolio.
HDB rental rates rise for 11th straight month
Rents rose whilst more than 100 condo and HDB units were freed up in April.
Four in five Singaporeans uncomfortable with sharing data on social media: study
Singaporeans are some of Asia's most on guard when it comes to their data online.
ST Engineering, Temasek JV targets $800m portfolio in five years
The joint venture was formed to capture freighter aircraft demand.
IT consultancy Prontastic Group to open Singapore office
This is in response to the growing demand in Southeast Asia.
Government to support SPH restructuring proposal: Iswaran
The Minister for Communications and Information S Iswaran has said the government is willing to help SPH's media business go non-profit.
Fraser and Neave net profit up 16% to $83.4m
Fraser and Neave's net profit was driven by higher beer sales during the pandemic.
Singapore life insurers post 29% jump in weighted new premiums for Q1
Single-premium products grew 85% QoQ in weighted premiums.
UMS Holdings proposes 1-cent interim DPS for shareholders amidst soaring net profit
The group saw an increase of 44% in its earnings for Q1, 2021.
Singapore commercial property market activity leaps by 200%
Singapore is amongst those countries building momentum in the commercial market this year.
Public aid boosts SBS Transit net profit to $50.32m
The public transport operator received $18.57m as part of the government's COVID-19 relief programme.
Keppel offshoot gets US$2.3b contract to build Petrobas vessel
Keppel Shipyard has been contracted to build a floating production, storage and offloading vessel for Brazil's national oil company.
April's condo resale volumes smash 11-year record
Demand is expected to remain healthy thanks to HDB upgraders and delays in new housing projects.
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