News

Singtel's dividends from associates may fall 22.58% to $1.2b in FY2020

Weakening operating performance, higher capital spending and dividend payout may hinder its growth.

Singapore returnees face mismatched salary expectations: report

45% are willing to accept the same pay despite unsuitable job opportunities back home.

honestbee files for court-supervised restructuring process

The firm said that the move will help them increase existing efficiencies and bring down cost structure.

Jardine Cycle & Carriage profits down 1% to $553m in H1

It was hit by Astra’s underperforming agribusiness, information technology and automotive units.

White knight Utico sets August 16 deadline to ink deal with Hyflux

The would-be white knight gave Hyflux two weeks, “failing which, they will walk".

More than half of Singaporeans worried about data privacy: report

The number of people with data privacy concerns trailed India but was above the US, UK, and France.

Raffles Singapore reopens after two-year restoration

Its total suite count has grown from 103 to 115.

Keppel unit to develop data centre in Australia

It bought a 3,840 sqm plot of land adjacent to its existing Gore Hill data centre.

SIA launches app for improved customer support

It will improve customer booking and check-in transactions by 60%.

Chart of the Day: Auction listings jumped 47.6% to 400 in Q2

Despite higher listing numbers, the success rate continues to go down.

Daily Markets Briefing: STI down 0.93%

DBS was the top active stock with a 0.98% decrease.

79% of CIOs burdened by search for IT professionals: survey

The demand for contractors persists despite employers’ focus on permanent roles.

ABS revamps cloud outsourcing guide for banks

One revision guides the categorisation of material and non-material cloud outsourcing contracts.

Hongkong Land profit plunged 63% to $565.5m in H1

Net debt rose to US$3.9b due to land acquisitions.

Dairy Farm profits up 0.2% to $244.86m in H1

Revenue was affected by the deconsolidation of Rustan’s in Q4.