News
OUE profits soared to $255.22m in FY2019
OUE profits soared to $255.22m in FY2019
Its profits were boosted by contributions by Gemdale Properties and Investment.
Household income inequality fell to eight-year low in 2019
Median household income rose 1.4% to $9,425 in 2019.
Daily Briefing: Life3 Biotech to build agri-food facility; Demand for sanitisers, thermometers on the rise
And WhatsHalal raises funds in its latest seed round.
Chart of the Day: District 8 leads shophouse sales in 2019
These shophouses may have been popular to investors given its development potential.
Daily Markets Briefing: STI down 0.47%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 1.97% contraction.
Three in five employees expect raise by year-end
Some employers may try to meet the younger generations’ expectations to retain talent.
Rental rebates will hit ComfortDelGro's FY2020 earnings
The taxi rebates will cost CDG about $9m.
Nearly half of businesses to give out 3% raises in 2020
But employees stated that salary hikes and compensation will not make them stay.
OUE Lippo Healthcare reversed to $3.24m profit in 2019
The inclusion of its interest in First REIT boosted the profits from its investees.
CapitaLand offers rental relief to COVID-19-affected retailers
This is on top of the $10m marketing assistance programme to retailers.
SARS playbook may slump currency to 2017 lows
MAS re-centered the policy band lower for the currency amidst the SARS outbreak in 2003.
Sembmarine's loss widened 85% to $137.17m in FY2019
An accelerated depreciation for Tanjong Kling Yard was partly blamed for its loss.
Government support measures will boost CDLHT's NPI
The trust may also benefit from a faster write-down to gain more cash.
Daily Markets Briefing: STI up 0.53%
OCBC Bank led the gains amongst top active stocks with a 1.09% expansion.
Chart of the Day: 13-year owned shophouses doubled gains when sold in 2019
Their limited supply makes them assets to hold for wealth preservation.
Utico to give PNP soft landing if IPO is delayed
Utico asks SIAS and Hyflux to hold a PNP vote for option 1 or 2 within 3 weeks.
New investor knocks on Hyflux's door
The proposed terms of the investment has not yet been revealed.
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