News

Singtel's EBITDA dropped 24% to $897m in Q1

The group recorded lower equipment sales and roaming and prepaid mobile revenues.

Cromwell EREIT's NPI climbed 6.6% to $93.76m in H1

New office acquisitions boosted growth by $22.74m.

ST Engineering posts 4% profit dip to $257.4m in H1

Impairment of intangible assets, receivables, and fair value changes dragged it down.

Pent-up demand lifted Singapore's residential market

The number of condo listings jumped 51,359 in Q2 from a weaker Q1.

SBR webinar tackles challenges in database management

An audience of senior IT professionals took part in the exclusive webinar, supported by Quest Software.

Chart of the Day: Prime condo sales down 52.9% to $659.2m in H1

The inflow of potential foreign buyers interested in posh homes impeded.

Daily Markets Briefing: STI down 0.56%

ST Engineering led the gains amongst top active stocks with a 3.67% expansion.

Singapore strata retail sales value slashed by half in H1 amidst COVID-19 woes

The total transacted value dropped to S$67.4m in H2 2020 from S$135m in H2 2019.

Chart of the Day: Freehold strata office sales down 34.1% to $106.2m in H1

Despite the fall in total transaction volume and sales, the average unit prices rose.

Daily Markets Briefing: STI up 1.28%

Medtecs International led the gains amongst top active stocks with a 10.64% expansion.

MAS commits $250m to drive innovation, local talents in fintech

The regulator plans to raise the maximum grant for AIDA project from $1m to $1.5m.

CDL's profit plunged 99.1% to $3.15m in H1

Hotel operations accounted for 82% of the drop in revenue.

SIA Engineering senior management takes on more pay cuts

Cuts on senior vice presidents, executive vice president and the CEO rose to 20%- 30%.