News

Chart of the Day: OCBC and UOB's domestic bad loans dipped in Q1

Moody's said this could boost their asset performance in the coming quarters.

Wilmar International Q1 profit crashed 40.6% to US$203.28m

It blamed the operating difficulties in its Tropical Oils business and seasonal sugar losses.

Genting Singapore Q1 profit up 20% to $217.19m

Its gaming revenue was boosted by its mass and premium mass businesses.

Goldilocks pushes Noble to reveal terms with financial adviser

The fund said the company should reveal the scope of work the adviser will be studying.

How will Malaysia's elections shocker affect bilateral ties with neighbour Singapore?

Analysts are divided on the impact of the new leadership, but some said key infrastructure policies need to be watched.

Noble appoints Provenance Capital as independent financial adviser

Its opinion will be included in the shareholders circular for the restructuring.

MyRepublic offers networking system for retail businesses

It gives the business firewall services, a wireless network, and tools for traffic and use analytics.

China Aviation Oil Q1 profits up 13.88% to US$26.91m

The earnings of its associate company SPIA jumped 46% to US$18.9m.

Wealth management fees buoy Singapore banks earnings in Q1

DBS, OCBC, and UOB all registered double-digit growth in fee income.

Lethargic bidding dented industrial investment sales by 30% in Q1

But REITs are gaining traction for selling their non-core assets in order to regain capital.

Frasers Property Q2 profits up 74.5% to $124.25m

Its revenue was boosted by sales in China and Australia and contributions from UK business parks.

Jurong Region Line to boost nearby residential and industrial areas

It will have three interchange stations at Boon Lay, Choa Chu Kang, and Jurong East MRT Stations.

Chart of the Day: High-end homes buck increasing occupancy trend

Their occupancy rates slide to 88.4%, almost approaching the three-year low.

Daily Briefing: OCBC boosts staff pay by 10.93%; Here's how Singapore revived a problematic Chinese firm

And here's why Jurong Lake District could hit gold with the new Jurong Region Line.