News

Changes will be implemented with immediate effect and reflected in legislation later this year.

The MTI minister plans to make the area more open to new industries and R&D centres.

It was listed under the stock code MXNU.

It will be allowed as long as financial regulators have access to data.

It expects its energy business to see a net loss.

Net proceeds from the issued securities will be used to finance future acquisitions of the company.

A decline in domestic letter mail volumes dragged down its revenue.

The hiking of total buyer stamp duty did not seem to have fazed foreign buyers.

And venture builder Antler has raked in $103.9m investments since September 2019.

ComfortDelGro led the gains amongst top active stocks with a 4.67% expansion.

A potential taxi rental rebate might only shave off about 0.9-3.9% of its 2020 profits.

More older flats were sold over the past few months and the prices of older flats have also increased.

But high FY2019 momentum should present higher dividends. The banking sector sees a moderate Q4 2019 with slow loan growth and weak net interest margins (NIMs) as dwindling interest rates reflect on asset yields, said a Maybank Kim Eng report.

The redemption price was set at $250,000 for every $250,000 in nominal amount.

Asian FX futures recorded a total of $1.8t for the year.

Changi airport traffic could plunge, which affects most of the firms’ operations.