News

Daily Markets Briefing: STI down 0.95%

Daily Markets Briefing: STI down 0.95%

Singtel saw the sharpest decline amongst top active stocks with a 1.58% contraction.

Why firms should embrace 'creative destruction' to kickstart transformation amidst a pandemic

Effective leaders don’t keep their WFH employees boxed in strict schedules, expert says.

Sembcorp Marine posts $192m net loss in H1

The group’s revenue declined 41.2% over the same period.

Sabana REIT's NPI fell 15.1% to $20.86m in H1

NPI took a hit following a one-time provision for rental waiver.

ESR-REIT and Sabana REIT propose merger

Sponsor ESR is expected to hold about 12.2% of the units in the enlarged REIT.

ESR-REIT's NPI slipped 16.8% to $80.2m in H1

The company saw lease conversions from single- to multi-tenancy for seven properties.

ST Engineering, Israel Aerospace Industries set up JV in Singapore

Both companies signed an agreement to market advanced naval missile systems.

Green Court along Geylang Road launched for sale

The tender for the mixed-use development will close on 18 August.

Zheneng Jinjiang Environment secures $375.29m loan facility

The amounts borrowed under the facility will be used for the general corporate purposes of the group.

Sembcorp sells 30% stake in innovation park developer for $138m

Its JV will hold 20% stake in the developer after disposal.

SIA group passenger capacity crashed 95.1% in June

Overall passenger carriage was also lower by 99.3%.

Daily Markets Briefing: STI up 1.1%

Wilmar International led the gains amongst top active stocks with a 2.13% expansion.

Chart of the Day: Fallout in domestic labour market hit 25,600 in Q1

This marked the biggest quarterly contraction on record.

Resorts World Sentosa lays off staff

The company continues to look for job opportunities for every affected local worker.

Keppel bags $73m worth of contracts from MODEC

Keppel Shipyard to integrate topside modules and mooring support structure for an FPSO in Singapore.

New private home sales surged 104.9% in June to 998 units: URA

This is the highest sale in seven years as recovery gathers pace.