News

Bank loans down for 10th straight month, but recovery in sight

The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.

59% of Singaporeans would choose travel over a work promotion

The majority of Singaporean professionals want a getaway from the work-from-home life.

Mapletree Industrial Trust distributable net property income up 11.3%

The REIT found the fiscal year challenging as tenants struggled during the pandemic.

Wilmar net profit doubles to a record-breaking US$450.2m

All of the food processing firm's core business segments grew in the first quarter.

How reach52 bridges the gap in healthcare with tech

The unique startup aims to connect to 250 million individuals across the globe by 2030.

CDLHT reports 1% YoY rise in net property income for Q1, 2021

This is despite sharp declines in revenue per available room at many of its hotels.

MAS commits $42m for tech adoption schemes

An additional $30m is set aside for the Digital Acceleration Grant scheme, also targeting financial institutions.

Japfa net profits up 36.9% amidst pandemic, swine flu

Japfa's net profits were up 36.9% to US$35.5m.

ARA acquires 50% stake in Dasin Retail Trust Management

The company plans to extend its reach in China’s Greater Bay Area.

Yangzijiang net profit sails by 89% with record high order book

The China-based shipbuilder recorded a net profit of RMB717.7m for the first quarter of 2021.

Mining company Anchor Resources to dabble in FinTech

The company says it is trying to ‘revitalise’ its legacy in the mining business.

Two in five Singaporeans believe pandemic will negatively impact job prospects: survey

They are also less confident about job satisfaction and pay against the global average.

Singapore population immunity likely before year-end: report

Deutsche Bank has estimated Singapore is 132 days away from population immunity from COVID-19.

Singapore, Thailand launch real-time cross-border payments system

Participating banks’ clients will be able to transfer up to S$1,000 or THB25,000 daily.

OCBC, Standard Chartered lead LinkedIn Top SG Company rankings

Professional network LinkedIn has ranked the top 15 companies that helped Singaporeans during the pandemic.

Keppel DC Reit, M1 to create entity to improve network assets.

The special purpose vehicle will own and operate M1's current mobile, fixed and fibre assets.