News

City Developments in the midst of a board exodus

City Developments in the midst of a board exodus

Lim Yin Nee Jenny is the fourth director to resign from the property developer's board.

Transport Ministry steps up efforts for HK travel

Minister for Transport Ong Ye Kung says Singapore will start the measures slowly at first.

Property market records three-year high

The current surge is expected to slow down as Government aid tapers off.

Strait Times Index marks strongest start to a year since 1999

STI recorded a 13.2% price gain over the first four months of 2021.

What you need to know about 500 Startups newest startup ignition program

This new program is in partnership with the Singapore government.

Asia's uber rich looking at Singapore penthouses

A $4,200 per square foot for a penthouse at Midtown Modern has brought life back into the luxury market.

Frasers Hospitality Trust net property income falls by 40.9%

The company reported a net property income of $26.7m for the first half of the year ending in March 2021.

Far East Hospitality net property income slips 8.4%

Lower occupancy rates led to lower revenues.

Most of the services sector optimistic for the 2nd quarter in a row

The retail trade and accomodation sectors, however, remain shrouded in negative sentiment.

Growth of 6.3% predicted for consumer spending projects: Fitch

Household spending has been estimated to have contracted by 13.8% over 2020.

59% of manufacturers don't think business will be better before October

Only 41% of manufacturing firms anticipate a favourable business situation for the coming six months.

Great Eastern Q1 profit surges nearly 12 times to $437.6m

Its profit rose from $33.9m from the same quarter last year.

Tycoon increases stake in Raffles Education

Raffles Education shares are at their highest since April 2018.

SIA raises $2b from sales-leaseback transactions

The airline has raised a total of $15.4b in fresh liquidity since 1 April 2020.