News

OCBC customers ramp up adoption of digital services amidst pandemic

The number of SME accounts opened digitally more than doubled in Q1.

Grim outlook ahead for Sembcorp's energy arm

The downtrend will last for the rest of the year.

GrabFood launches pilot project for hawkers

This will allow consumers to order from stalls in a hawker centre.

Slow recovery ahead for Singapore's retail sales: analyst

Shoppers may still have limited shopping venues to visit after the circuit breaker.

UOL's Singapore hotel occupancy slashed to half in Q1

RevPaR also crashed to $140 from $230 in Q4 2019.

Starhill REIT to disburse $4.4m rental rebates to eligible tenants

This brings the total amount of rental rebates to approximately $18.1m.

AIMS APAC REIT to join MSCI Singapore Small Cap Index

This is said to signify higher trading liquidity and visibility.

Singtel upholds share of Bharti Airtel's provision at $357m

The telco says that it will be an exceptional item in its financial results for Q1 and FY2020.

Daily Markets Briefing: STI up 0.62%

ComfortDelGro led the gains amongst top active stocks with a 3.43% expansion.

Chart of the Day: Nearly half of SMEs anticipate worse business conditions

Transport/storage, hospitality/F&B, wholesale, and retail sectors are expecting less sales.

Clifford Capital, SMBC grant $199.75m loan for 300MW oil-fired plant

It’s the first IPP in Bangladesh financed by international commercial financiers.

Propnex' profits soar 278.8% to $7.58m in Q1

This is attributed to the higher number of transactions completed.

OUE's net profit skyrockets to $87.1m in Q1

But more than half of its revenue is at risk due to ongoing disruptions.

MOF rolls out $4b wage support

This is expected to benefit over 140,000 employers.