News

MAS sets standards for accountability of financial managers

It launched a public consultation for 3 guidelines that FIs should follow.

Hyphens Pharma International eyes Catalist IPO

It lodged a preliminary offer document in the SGX.

Singapore to cut length of fintech patent applications to six months

Applicants need to furnish a “Fast Track” document to be recognised as fintech.

Chart of the Day: Singapore's private home prices up 3.9% in Q1

The prices of private condos led the growth at 4.4%.

CapitaLand Retail China Trust Q1 NPI down 7.7% to $37.18m

It lost income from CapitaMall Anzhen, which it sold 1 July 2017.

GuocoLand Q3 profits up 7% to $31.54m

It cited “healthy” sales for its residential projects in Singapore.

Jardine Cycle & Carriage Q1 profits crashed 36% to $135.4m

Astra’s contribution to its profit dipped 4%.

SIAEC inks $484m 12-year services agreement with SilkAir

The deal will cover services for SilkAir's Boeing 737 MAX aircraft.

Industrial property prices and rents are turning around

Property prices dipped 3.6%, whilst rents fell 2%.

Singapore's factory output grew 5.9% in March

This was bolstered by semiconductors, which has been growing at a double-digit rate for 25 months.

Changi Airport handled 5.56 million passengers in March

Aircraft movements also grew 5.4% to 32,590 landings and takeoffs.

Baltic Exchange to launch escrow service for vessel sales in Singapore

The service will go live in May 2018 and cost US$5,000 per side.

Far East Hospitality Trust profits up 4% to $23.01m in Q1

The influx of visitors from the Singapore Airshow last February partially contributed to higher earnings.