News

UOB raises One Account deposit rates by 0.55%

UOB raises One Account deposit rates by 0.55%

Millennial account holders, with average balances of $34,000, will benefit most.

Embattled Hyflux struggles with restructuring plan

The only concrete news is the 16% staff reduction.

Property curbs leave Keppel untouched in H1 2018

Singapore and China property trading gains even partially backed the 214% net profit jump to $603m.

CBD Aether locks in purchase of Keppel's 51% stake in Beijing prime site

CBD Aether has paid $125.2m to exercise the option to buy the property.

Keppel O&M outlook buoyed by contract wins

The momentum for new orders that started in 2017 could continue in 2018.

CapitaLand Mall Trust's revenue rose 1.7% to $346.5m in H1

Its NPI grew 3.7% to $246.4m in the first half of the year.

Wheelock Properties' privatisation bid revives missed chances in West Orchard

The general offer is translating to a payment of $3.61 per share for an associate linked to West Orchard.

CapitaLand Commercial Trust could get a boost from rising rents

Its committed occupancy rate could also uplift the firm.

Chart of the Day: Number of unsold homes hit three-month high at 1,590 units in June

This is despite the number of June launches hitting a four-year high at 726 units.

Keppel Q2 profits up 44.4% to $246.16m

Profits from property and infrastructure offset slight losses in offshore & marine.

SATS Q1 profits up 11.5% to $63.9m

Its revenue for both food solutions and gateway services grew.

Singapore is the seventh most sought-after city for global workers

Local businessmen think that tax and cost of living could make workers think twice about moving to the Lion City.

Online hiring in Singapore up 3% in May

The BFSI sector saw a 19% growth in e-hiring activities.