News
SATS posts $43.7m net loss in Q1
SATS posts $43.7m net loss in Q1
A decline in aviation volume and loss contributed by the overseas entities dragged profit.
Nippon Paint to buy Singapore's Wuthelam assets for $16.67b
As part of the deal, Nippon Paint will sell $15.37 (JPY1.19t) worth of shares to Wuthelam.
Singapore's ITF forms MOM division for foreign workers and dorm operations
The turnover will be in phases and will be fully operational by 1 October.
Daily Markets Briefing: STI up 0.02%
Vicplas International led the gains amongst top active stocks with a 47.5% expansion.
Chart of the Day: Office supply pipeline to hit 4.3 million sqft by 2024
Pre-committed rates for most buildings in the CBD for 20201 are deemed healthy.
Daily Markets Briefing: STI down 1.29%
Wilmar International saw the sharpest decline amongst top active stocks with a 10.29% contraction.
Daily Briefing: About 330 got jobs with start-ups under SGUnited package; See-Mode raises $9.7m series A round
And TADA unveils new wet market delivery service.
Chart of the Day: Office rents fell in Q2
Grade B offices at Shenton Way/Robinson Road/Tanjong Pagar led the decline.
IRAS, ACRA launch software allowing SMEs to file tax returns digitally
It will reportedly on take 30 minutes for SMEs to file their forms.
A 5,000% surge makes Medtecs the top stock in Singapore
The firm is also amongst the best in the global health-care supply sector for 2020.
Seven in 10 businesses to adopt fintech in the next year: report
Mobile payments will be utilised more in the next 12 months.
UOB resumes full operation of bank branches
Customers visiting a branch are required to wear mask and follow safety protocols.
Archer Daniels Midland to cut stake in Wilmar, sell shares for $685.28m
The company had a 24.6% effective stake in Wilmar as of 4 March.
SIA burns half of the $8.8b raised in 2 months
About $2b was used to repay a bridge loan facility.
Millennium Hotels and Resorts cuts 159 jobs
They will also reduce 42 foreign workers from their headcount.
Hong Kong, Singapore wealth management take a snag amidst the pandemic
Lockdowns across the region force wealth managers to stay at home.
GuocoLand to build mixed-use development at Tan Quee Lan Street
It will have 1.5 million sqft of gross floor area, sprawling over 3.2 ha of prime land.
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