News

Wilmar looks to rice and flour to offset soybean business weakness

Wilmar looks to rice and flour to offset soybean business weakness

It is looking to grow its rice and flour segment, which accounts for 10% of the oilseeds and grains.

ERA Realty Network launches Grab-like feature for property agents

Users can search and choose online agents that they can connect with in real time.

SIA passenger load factor up 1.9 ppt to 82.7% in April

Its passenger carriage of 8.6% beat capacity injection at 4.3%.

Noble Group Q1 losses shrank 45% to US$71.55m

Disposal of its assets resulted in the retirement of US$3b revolving credit facilities.

LTA to buy 100 3-door buses

They will be deployed on the road in 2020.

Transport management startup VersaFleet raises $2.8m in pre series A funding

It automates delivery and pickup tasks for nearly 100 companies.

Private home sales soared 68.1% to 1,325 units in April

Rivercove Residences sold 512 units and bolstered this month's sales figure.

OUE's exposure to mutual fund screwed Q1 profits

The company, which lost $8.13m from the fund, said it is subject to market volatility.

First Resources Q1 profit crashed 42.8% to US$27.73m

It was hit by the effects of inventory build-up and lower average selling prices.

Golden Agri Resources Q1 profit slumped 68.4% to US$11.85m

It was hit by lower production output and softer crude palm oil prices.

Automotive marketplace Carro drives away with $60m in Series B funding

The funding will be used to strengthen its presence in emerging markets.

Chart of the Day: Online shopping to grow 13.6% over 2018 to 2022

It is poised to beat store-based shopping, which is only projected to grow 1.5%.

Finding the silver lining: Ageing population puts heat on senior housing plans

Developers could look at Western housing models for Singapore's silver-haired generation.

Wine market could grow to US$1.4b in 2021

A forecast shows that it could be boosted by still wine, followed by sparkling and fortified wines.

Commercial site Goldhill Shopping Centre up for en bloc sale at $425m

It has 3 blocks of walk-up commercial units with those in the ground floor used as retail shops.