News

SIA Engineering revenue crashes by 55.4%

SIA Engineering revenue crashes by 55.4%

Revenue shrank from $994.1m to $443m over the 12 pandemic-impacted months to March 31.

Traveller quarantines extended to 21 days as COVID-19 cases increase

Singapore tightens border measures against more countries and has increased the mandatory quarantine period.

Media-focused fintech startup Few¢ents raise $2.13m in seed funding round

Venture firm M Venture Partners and Hustle Fund participated in the funding round.

Mapletree Industrial Trust issues $300m for 3.15% perpetual securities

Net proceeds will be used for the Group's general corporate purposes.

Finance sector to create 6,500 jobs in 2021

Approximately 6,000 of these new jobs will be permanent positions.

Ascendas Reit to acquire remaining 75% interest in Galaxis

The acquisition is estimated to be worth a total of $534.4m.

April PMI hits another two year high, at 50.9

The Purchasing Managers' Index for April has continued its rally, and was at its highest since December 2018.last month.

How NTUC FairPrice's consumer centric mindset became its golden goose

"FairPrice on Wheels" community initiative brings daily essentials to mature estates with higher concentration of low-income seniors.

OCBC leads April share buyback rally

OCBC, ST Engineering and Global Investments were the top firms that bought back shares last month.

The road that led to Nextbillion.ai's mapping solution of the future

How these former Grab senior management created an all-in-one mapping solution.

Private Swiss bank buys BMO private bank in Singapore and Hong Kong

The J Safra Sarasin Group completed the acquisition of the Bank of Montreal’s Private Banking Business.

City Developments in the midst of a board exodus

Lim Yin Nee Jenny is the fourth director to resign from the property developer's board.

Transport Ministry steps up efforts for HK travel

Minister for Transport Ong Ye Kung says Singapore will start the measures slowly at first.

Property market records three-year high

The current surge is expected to slow down as Government aid tapers off.

Strait Times Index marks strongest start to a year since 1999

STI recorded a 13.2% price gain over the first four months of 2021.

What you need to know about 500 Startups newest startup ignition program

This new program is in partnership with the Singapore government.