News
CapitaLand profits slipped 7.4% to $295.57m in Q1
CapitaLand profits slipped 7.4% to $295.57m in Q1
Lower contributions from Singapore and China dragged on earnings.
Fintech firm Silot snaps up $10.8m in series A funding to boost R&D
The funding round was led by SBI Investment.
Jungle Ventures raises US$175m in first close of third fund
One of its investors is reportedly Temasek Holdings.
Chart of the Day: NIRC 2019 revenue contributions to grow more than 4% to $17.2b
Returns from sovereign wealth funds make up most of government revenues.
Daily Markets Briefing: STI down 0.2%
Don’t expect gains today.
CDL Hospitality Trust's NPI down 10.7% to $32.77m in Q1
Contributions from Singapore, New Zealand, Australia and UK hotels fell 6.7%.
Daily Briefing: Temasek Holdings aims to grow US footprint; Space-tech startup SpeQtral raises US$1.9m in seed funding
And here are the jobs at Standard Chartered that are safest from its aggressive restructuring.
Chart of the Day: Top 10 largest stocks hit average returns of 11.8% in April
Mapletree North Asia Commercial Trust’s returns of 21.2%.
Singapore bank loans shrink to 2.9% in Q1
Consumer loan growth slowed to just 0.3% in March.
Singapore is the fifth most property-obsessed nation
Residents spend around 3.2 hours researching possible property buys.
ComfortDelGro could lure in cabbies with new profit-sharing scheme
The scheme cuts taxi rental rates from $105 to $68-78 a day in exchange for 15% of cabbies’ fare takings.
Keppel looks to raise $500m via two note issues
The notes are expected to be issued on 7 May on the SGX-ST.
Ascott REIT profits leapt 12% to $54.62m in Q1
Its properties in Singapore, UK and Philippines drove up earnings.
Surbana Jurong and Silk Road Fund to co-invest US$500m in Southeast Asia infrastructure fund
The fund will focus on greenfield projects in the region.
Amber Park could launch sales on 4 May
The developer opened previews for the 592-unit development on the weekend.
CapitaLand launches $5b euro medium term note programme
Proceeds from the notes will refinance existing debt.
Oxley sells Chevron House for $1.025b
The property is being revamped before the completion of the proposed sale.
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