News

Daily Markets Briefing: STI up 2.03%

ComfortDelGro led the gains amongst top active stocks with a 3.8% expansion.

Chart of the day: Department store sales crashed 84.6% YoY in April

The shutting of retail stores during the circuit breaker period dragged sales.

Grab lays off 360 employees

It assures affected employees that it will continue to provide them support.

ST Engineering authorised to use drones in aircraft inspection

DroScan was granted the first authorization for unmanned aerial systems.

MOM orders seven workplaces to cease amidst safety lapses

All seven have now been allowed to resume operations.

Singapore sources food supply from Saudi and Poland: report

The country also imports oranges from Egypt and milk powder from Uruguay.

Suntec REIT expects better performance in H2

Its Singapore office portfolio remains resilient with diverse tenant bases.

OUE C-REIT prices $100m notes due 2025 at 4%

The notes are expected to be issued on 24 June and to be listed on 25 June.

Financial institutions may reopen branches, resume in-person meetings: MAS

They must implement all safety measures and maintain a record of meetings.

SIA Group's passenger load factor hit 8.6% in May

SilkAir and Scoot saw the largest declines in passenger carriage.

CapitaLand, OCBC ink Singapore's first SORA-based loan

The $150m three-year corporate loan is part of a sustainability-linked loan.

Singtel's Thai unit not liable to pay $323.62m to local regulator

This follows after AIS filed a lawsuit against Thailand’s NBTC.

Mapletree Logistics Trust buys warehouse in Australia for $20.22m

This is the company’s second logistics facility in Brisbane.

GDP expected to contract 11.8% in Q2: MAS survey

Accommodation and food services could be the worst-performing with a 26% decline.