News
Temasek eyes stake in Virgin Atlantic Airways
Temasek eyes stake in Virgin Atlantic Airways
The carrier seeks to avoid collapse as it pitches to potential investors.
Elite Commercial REIT's profit hit $684,550 in Q1
Distribution per unit is $0.01 for the quarter.
SIAEC's profits rose 20.4% to $193.8m in FY2019-2020
It saw $3.3m higher contributions from its engine and component segment.
Hummingbird Bioscience bags $35.3m in series B funding round
SK Holdings led the series B extension as a new investor.
Keppel Corp to hold digital AGM on 2 June
Shareholders can pre-register until 30 May.
Singapore to elevate hub status with new digital banking regulation
A more flexible Payment Services Act makes it easier for fintechs to apply full operations in Singapore.
Daily Markets Briefing: STI up 0.01%
AEM led the gains amongst top active stocks with a 19.38% expansion.
Chart of the Day: 2020 posts highest first-quarter resale volume in eight years
Over 5,500 units were resold, higher than the average of 4,195.
Daily Briefing: HSBC alleges Zenrock sought multiple loans for same oil cargo; Electric motorcycles set to rev up
And HPS, GIC take over outsourcing player Atento.
Raffles clinches $1.13b township development project deal in Bangladesh
The project involves the development of 50 acres of land in Trust Green City.
MAS bans four individuals for fraud
They will also serve separate prison sentences.
Expats ask for lower rents as crisis hits wages
Singapore’s property market is usually dominated by foreigners.
SIA predicts yearly loss for Q1 FY2021
The group is currently anticipating negative operating cashflows.
HDB resale volume plunged 78.1% to 423 deals in April: SRX
An analyst noted that this could be the lowest sales volume ever recorded.
SingPost's post-tax profit jumped 228.8% to $88.28m in FY2020
The increase is attributable to the absence of losses from US businesses.
Mauritius court appoints liquidator for Singtel's HOOQ
This comes after HOOQ commenced a creditors’ voluntary liquidation on 27 March.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform