News

ComfortDelGro taxi's profit margin shrinks to 2% in 2020: Maybank Kim Eng

The taxi business is said to be bearing the brunt of the pandemic.

Industrial production fell 7.4% in May

Manufacturing’s growth halted as circuit breaker measures disrupted production.

Majority of banks ready to trade SORA derivatives, says committee

Banks including OCBC and DBS have already made their first SORA-related activities.

Bourse's six top stocks outpace STI in Q2

Wilmar leads the pack with a 29% return.

SGX to fully acquire BidFX for $178.24m

The transaction is expected to be completed in July.

Biolidics terminates US sale of COVID-19 test kits

The company undertakes a project to develop new test kits with Aytu Bioscience.

Check out the top trends in Singapore's hiring movements

There is a growing sentiment in favour of flexible working options.

Phishing scams nearly tripled to 47,500 URLs in 2019

Tech firms and banks were amongst the most commonly spoofed firms.

Fresh $1.36b support to be laid out for construction firms: BCA

This aims to support construction businesses and assist with cash flow.

MAS sets out expectations for FIs' environmental risk management

FIs are expected to include environmental considerations in their business plans.

ComfortDelGro expects net loss in H1

This is due to the impact of the pandemic on the company’s operating regions.

Starhill Global REIT extends property manager's term

YTL Starhill Global Property will continue to manage properties for a further period of 5 years.

SIA may grab a share of the Indian market: report

The advantage stems from India not allowing foreign airlines to directly fly to a third country.

Deutsche Bank, Olam International close ESG-linked FX

This enables Olam to lock-in discounts when it meets pre-defined ESG targets.

Scoot's Thai associate enters liquidation

SIA will record a total one-off charge of $123.6m for Q1 following the liquidation.

Hyflux gets $300m offer from another white knight

The proposal includes buying up the existing debt of Hyflux.