News
Chart of the Day: Foreign buyers bought fewer homes in Q1
Chart of the Day: Foreign buyers bought fewer homes in Q1
Potential buyers were not able to visit Singapore to view the properties.
Daily Briefing: Temasek co-leads $142m funding in biotech firm; Jetstar Asia extends flight suspension to 31 May
And four in five Singaporeans tap into vacation memories to deal with work stress.
Daily Markets Briefing: STI up 1.92%
DBS led the gains amongst top active stocks with a 8.72% expansion.
Zalora rolls out environmental search filters
Customers can now search for eco-friendly products as demand shifts to sustainable commerce.
Majority of Singaporeans opt for contactless payments: survey
The coronavirus brought concerns about cash usage in the Lion City.
Accelerating Asia launches accelerator programme
Eligible startups will receive up to $200,000 investment via SAFE notes.
SIA's shareholders greenlights $15b fundraising
Shareholders in favour of raising two resolutions.
HDB launches Yishun Avenue 9 site for tender
The tender period will last for six months.
Renewables and gas-related solutions to lift Keppel's revenue: analyst
The O&M division’s operating profit remained strong at $28m, versus $3m in Q1 2019.
Grab urges staff to take voluntary no-pay leave
The firm might not be able to provide financial support for drivers after 1 June.
MPA to roll out $27m support package for maritime industry
MaritimeSG Together Package to take effect from 1 May.
IBF, WSG launch immersion programme
This would help professionals start a technology career in the financial sector.
FLCT's NPI climbed 14.2% to $50.47m in Q2
DPU edged up 4.4% YoY to 1.73 cents.
SPH REIT secures 5-year refinancing for $280m loan
Portfolio weighted average debt term to maturity expected to increase to three years.
Yangzijiang's net profit halved to $82.72m in Q1
Less number of vessels were delivered during the period.
Keppel's net profit flops 21% to $160m in Q1
Profit contraction attributed to 70% divestment of interest.
Raffles Medical's profits down 45.4% to $7.5m in Q1
Profits were dragged down by the pandemic’s impact on its China units. Raffles Medical Group’s profits for the first quarter of the decade fell 45.4% YoY to $7.5m from $13.5m in the previous year, dragged down by its China Healthcare Division that was “severely impacted” by the COVID-19 pandemic, the group revealed in a company update.
Commentary
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