News

Yoma's net profit up 71.7% to $3.9m

Props to its robust automotive and heavy equipment business.

Suntec REIT property income up 12.8% at $59.4m

Its share of profit from Marina Bay interests rose.

Manufacturing output jumps 13.1% in June

Thanks to the stellar performance from electronics and biomed segments.

Visa sets up data centre in Singapore

The sprawling 10,000 sq ft hub is its first transaction processing centre in SEA.

Sabana REIT DPU falls 24.3% to 81 cents

Poor performance from properties cut its income by 2.9%.

SIA Engineering's net profit crashes 81.8% to $36.2m

Due to the lack of divestment gains it recorded last year.

SATS to expect fall in operating costs

The group's controllable cost fell by 2.7% in the past quarter.

Chart of the Day: Average prime rents slip by 2.2%

Rents for prime spaces fell to $24.75 psf/month.

Housing costs decline 2% in June

After posting a 0.1% growth in the preceding month.

Great Eastern's net profit skyrockets to $279.5m

Thanks to the whopping 123% jump in life insurance profit.

Scoot unveils 5 new routes

This brings its total destination count to 65.

GuocoLand's first Martin Modern sold out 90 units at $220m

Its 'home within a botanic garden' concept garnered the most interest.