News
StarHub net profit drops 24.0% to $30.5m
StarHub net profit drops 24.0% to $30.5m
StarHub recorded a net profit of $30.5m for the first quarter of 2021.
AA REIT DPU jumps 41.5% to 2.90 cents
Its distribution to unitholders also increased to $20.5m.
OUE C-REIT net property income slips l.6% to $61.1m
While its commercial portfolio remained resilient, OUE C-REIT's hospotality business took a hit in the first quarter.
SIA Engineering revenue crashes by 55.4%
Revenue shrank from $994.1m to $443m over the 12 pandemic-impacted months to March 31.
Traveller quarantines extended to 21 days as COVID-19 cases increase
Singapore tightens border measures against more countries and has increased the mandatory quarantine period.
Media-focused fintech startup Few¢ents raise $2.13m in seed funding round
Venture firm M Venture Partners and Hustle Fund participated in the funding round.
Mapletree Industrial Trust issues $300m for 3.15% perpetual securities
Net proceeds will be used for the Group's general corporate purposes.
Finance sector to create 6,500 jobs in 2021
Approximately 6,000 of these new jobs will be permanent positions.
Ascendas Reit to acquire remaining 75% interest in Galaxis
The acquisition is estimated to be worth a total of $534.4m.
April PMI hits another two year high, at 50.9
The Purchasing Managers' Index for April has continued its rally, and was at its highest since December 2018.last month.
How NTUC FairPrice's consumer centric mindset became its golden goose
"FairPrice on Wheels" community initiative brings daily essentials to mature estates with higher concentration of low-income seniors.
OCBC leads April share buyback rally
OCBC, ST Engineering and Global Investments were the top firms that bought back shares last month.
The road that led to Nextbillion.ai's mapping solution of the future
How these former Grab senior management created an all-in-one mapping solution.
Private Swiss bank buys BMO private bank in Singapore and Hong Kong
The J Safra Sarasin Group completed the acquisition of the Bank of Montreal’s Private Banking Business.
City Developments in the midst of a board exodus
Lim Yin Nee Jenny is the fourth director to resign from the property developer's board.
OUE C-Reit redeems $155m convertible units in One Raffles Place deal
THe units will be redeemed on 1 June.
Transport Ministry steps up efforts for HK travel
Minister for Transport Ong Ye Kung says Singapore will start the measures slowly at first.
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