News
Golden Agri Resources Q1 profit slumped 68.4% to US$11.85m
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%.
Daily Markets Briefing: STI down 0.22%
Expect some gains today.
Daily Briefing: DBS clashes against China's fintech titans; Temasek injects US$20m in bioengineering firm Medisix
And here's why an NUS professor called the launch of Tengah flats bluff.
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.
Singapore and Tel Aviv's exchanges tie up to support fundraising of own firms
The two are focussed on supporting tech and healthcare companies.
Olam International Q1 profits up 9.8% to $157.97m
Its sales jumped 8.5% to $6.3b.
OUE Q1 profits crashed 90.7% to $1.03m
It blamed a non-cash fair value loss on its investment in a mutual fund.
Mondrian Investment Partners buys 6.58% of Sheng Siong for nearly $100m
The stake in the supermarket retailer joins Mondrian's assets worth US$60b.
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.
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Commentary
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