News

SATS' profits dipped 4.6% to $62.1m in Q3

SATS' profits dipped 4.6% to $62.1m in Q3

The 2.6% growth in the gateway services segment offset the 2.5% decline in food solutions.

Daily Markets Briefing: STI up 0.89%

The market is fairly upbeat today.

Singapore bought overseas properties worth $20.62b in 2017

It ranked as the second most active buyer and overtook Hong Kong.

Here's why private office sales dampened in 4Q2017

Chevron House's $660m acquisition was one of the only two major deals in the quarter.

10% of SGX-listed firms' directors are women

But half of the boards of the firms are all-male.

GST hike long overdue: UOB

GST revenue grew 6.2%, lagging government expenses which rose 8.6%.

DBS expects loans to grow 7% in 2018

Higher interest rates are seen to kick net interest margin up.

MAS forms e-payment user protection guide

Financial institutions will be required to notify users of their e-payments.

CDL Hospitality Trust's property income to grow 6.26% to $161.3m in 2018

The return of corporate spending and higher visitor arrivals are likely to drive growth in its Singapore portfolio.

CapitaLand CEO expects home prices to hike 10%

Thanks to a pickup in home sales in 2017.

CapitaLand buys Pearlbank Apartments in Outram for $728m

It will be developed into a high rise residential complex comprising around 800 units.