News

Daily Markets Briefing: STI up 0.01%

Don’t expect some boosts today.

Electricity price jolt could increase Sembcorp Industries' profit

Electricity prices in India bolted to a record high of 10.6 cents/kWh (INR5.1/kWh) in Q3.

Sembcorp Marine disposes nine jackup rigs for $1.8b

Their worth is a 30% drop from the original value.

Uptick in land bids not sustainable: REDAS president

No thanks to ageing demographics and heightened cooling measures.

Most HDB flats sold below market value

Queenstown units were worst as they were priced $16,000 cheaper than market value.

Daily Markets Briefing: STI up 0.9%

The market is expected to remain muted today.

GDP predicted to grow 4% in Q3

All thanks to the 20% expansion in manufacturing.

MAS, ABS develop blockchain tech for inter-bank payments

It will net payments whilst preserving transactional privacy.

4 in 5 SMEs fail in financing assessments

55% reported losses in their financials.

Keppel O&M bags FPSO conversion project from SBM Offshore

It will work on refurbishment and installation of new parts.