News
CityDev Q1 profits down 16.3% to $80.03m
CityDev Q1 profits down 16.3% to $80.03m
Its sales, however, jumped 66% to 459 units with a total sales value of $792.6m.
UOL Q1 profits dipped 8% to $73.82m
Property development revenue fell 7% due to the completion of Riverbank@Fernvale in March 2017.
Chart of the Day: DBS, OCBC, and UOB Q1 loan growth up 5%-10%
Domestic loan growth was higher across all three banks compared to the last quarter.
Daily Briefing: Singaporean e-commerce firm Carousell secures US$85m funding; DBS FHR-9 home loan rates to hike
And here's why Singapore's 'boringness' is going to help lure real estate investment.
Daily Markets Briefing: STI up 0.92%
Expect some muted gains today.
Genting Singapore could turn to aggressive credit offerings to lure VIPs
The group had successfully expanded its VIP customer base over the past few quarters.
ComfortDelGro Corporation Q1 profits slipped 19.6% to $66.3m
Revenue from nearly all its businesses except public transport fell.
Ex-Genting Singapore finance vice president fined $50,000 for insider trading
Kunye Tagi sold shares whilst knowing non-public price-sensitive information about Genting's results.
Singapore's retail sales down 1.5% in March
Motor vehicle sales dropped due to the lower number of new and used cars sold.
Singapore invites new business models for moneylending
It will issue licenses for up to 16 outlets that will implement their business models.
Singapore Post recovers from loss as Q4 profit hit $40.09m
It was boosted by the growth of its postal and logistics segments.
ST Engineering Q1 profits up 17.8% to $117.7m
It was supported by growth across all sectors except marine.
Weakness looms for ThaiBev's earnings as Thailand stays sober
Beer production in the country continued its rate of decline at -5%.
Daily Briefing: Home buys without CPF savings could slash prices by 10-20%; Analysts bullish on HDB resales
And Singapore's tourism chief exits with a historical record of tourism receipts worth $26.8b.
Daily Markets Briefing: STI up 0.31%
Expect some gains today.
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.
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Commentary
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