News

Biotech firm's COVID-19 detection kit greenlighted for launch

It can now be used directly by laboratories or hospitals to test patients for clinical diagnosis.

CapitaLand's mall traffic in China rebounds despite closures

Shopper traffic recently rose to 40-50% of the pre-COVID-19-outbreak levels.

Manufacturing output grew 3.4% in January

Biomedical manufacturing surged 41.1%.

Yanlord's profit down 5% to $664.88m in 2019

Pre-tax profit decline was blamed on decrease in gross profit and increase in finance cost.

Keppel O&M delivers fastest brownfield FPSO upgrade

The firm took seven months to modify and upgrade the vessel.

Daily Markets Briefing: STI down 1.29%

YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 3.96% contraction.

Chart of the Day: Industrial property supply to weaken in 2021

Factory spaces may account for three-fourth of the overall supply.

Frasers Property floats tenant support package across 14 malls

Measures include shorter working hours and free lunch-time parking.

Appeal Court rules out breach of trust claims against crypto platform Quoine

It reversed erroneous trades that it made in a trading software in 2017.

SPH buys six aged care assets in Canada for $244.5m

This marks the company’s entry to the North American market.

CapitaLand's PATMI up 21.2% to $2.14b in 2019

Its Q4 revenue surged 94.8% to $926.6m, thanks to its residential developments in China.

City Developments' profit inched up 1.3% to $564.58m in 2019

Growth was driven by the unwinding of its second profit participation securities.

COVID-19 may spoil Singapore banks' new year despite good 2019 results

The virus and lower interest rates may hike up NPLs and weaken profits.

Changi's passenger movements up 5.2% in January

All regions saw growth in passenger movements for the month.

FCOT to waive brokerage fees for odd lots

The odd lots are part of the trust scheme in its proposed merger with FLT.