News
SIA and SATS renew aviation services contracts for next five years
SIA and SATS renew aviation services contracts for next five years
The contracts cover inflight catering, cabin and cargo handling, as well as services for Scoot.
Jardine Cycle & Carriage profits soared 131% to US$312m in Q1
But underlying profit fell 8% to US$201.3m in the absence of Vinamilk’s dividend income.
CapitaLand profits slipped 7.4% to $295.57m in Q1
Lower contributions from Singapore and China dragged on earnings.
Fintech firm Silot snaps up $10.8m in series A funding to boost R&D
The funding round was led by SBI Investment.
Jungle Ventures raises US$175m in first close of third fund
One of its investors is reportedly Temasek Holdings.
Chart of the Day: NIRC 2019 revenue contributions to grow more than 4% to $17.2b
Returns from sovereign wealth funds make up most of government revenues.
Daily Markets Briefing: STI down 0.2%
Don’t expect gains today.
CDL Hospitality Trust's NPI down 10.7% to $32.77m in Q1
Contributions from Singapore, New Zealand, Australia and UK hotels fell 6.7%.
Daily Briefing: Temasek Holdings aims to grow US footprint; Space-tech startup SpeQtral raises US$1.9m in seed funding
And here are the jobs at Standard Chartered that are safest from its aggressive restructuring.
Chart of the Day: Top 10 largest stocks hit average returns of 11.8% in April
Mapletree North Asia Commercial Trust’s returns of 21.2%.
Singapore bank loans shrink to 2.9% in Q1
Consumer loan growth slowed to just 0.3% in March.
Singapore is the fifth most property-obsessed nation
Residents spend around 3.2 hours researching possible property buys.
ComfortDelGro could lure in cabbies with new profit-sharing scheme
The scheme cuts taxi rental rates from $105 to $68-78 a day in exchange for 15% of cabbies’ fare takings.
Keppel looks to raise $500m via two note issues
The notes are expected to be issued on 7 May on the SGX-ST.
Ascott REIT profits leapt 12% to $54.62m in Q1
Its properties in Singapore, UK and Philippines drove up earnings.
Surbana Jurong and Silk Road Fund to co-invest US$500m in Southeast Asia infrastructure fund
The fund will focus on greenfield projects in the region.
Amber Park could launch sales on 4 May
The developer opened previews for the 592-unit development on the weekend.
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