News
Over 280,000 tonnes of gasoline stored on Singapore, Malaysia waters
Over 280,000 tonnes of gasoline stored on Singapore, Malaysia waters
This is on top of 1.96 million barrels of jet fuel now on water.
Genting's EBITDA plunged 55% to $146.89m in Q1
Its flagship property Resorts World Sentosa took a severe hit from the pandemic.
Deeptech startup Dathena raises $12m in series A round
The funding will be used to boost R&D efforts and hiring of NYC-based staff.
Oil falls 2% despite surprise US stock drawdown
Crude had rallied on optimism that slumping fuel demand would recover.
Singaporeans satisfied with government response against COVID-19
Transparency with accurate information for the public worked well in curbing the pandemic.
Daily Briefing: IMDA investigates M1 fibre broadband disruption; CXA raises funding round from Humanica, HSBC Life
And Flow Technologies raised $6m in series A round.
Chart of the Day: Multi-user factory deals dropped 37.6% in Q1
This comes on the back of manufacturing firms halting expansions.
Daily Markets Briefing: STI down 0.9%
SIA saw the sharpest decline amongst top active stocks with a 6.76% contraction.
IUIGA bags $10m in series A funding
The funding will be used for product development and technology investment.
MAS, SFA, AMTD hand out $6m grant for fintechs
The grant aims to help fintech firms maintain their operations and enable them to innovate further.
Frasers Property profits fall 12.1% to $233.84m in H1
This is due to lower contributions from projects and low results from hospitality properties.
Hong Leong Asia to buy remaining shares of cement manufacturer
The shares are priced at $1.9 apiece.
Condo rents up 1.8% in April
CCR led the pack as rents rose 2.4% YoY.
Jardine Matheson faces pain in Indonesia
The effect of the pandemic weighed on its local automotive distribution unit.
Societe Generale extends one-off payment to SIA short DLC holders
The DLC lost its value after price adjustments were made to offset share dilution.
Singapore to test more than 300,000 migrant workers
The government plans to ramp up the 3,000 workers tested per day.
Circuit breaker measures to ease on 1 June if cases stay low
Measures such as social distancing will still remain after.
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