News
Great Eastern Q1 profit surges nearly 12 times to $437.6m
Great Eastern Q1 profit surges nearly 12 times to $437.6m
Its profit rose from $33.9m from the same quarter last year.
Tycoon increases stake in Raffles Education
Raffles Education shares are at their highest since April 2018.
Keppel's investment in Floatel up to $284m carrying value
It reported a net profit of US$551m in Q1.
Cross-border "compassionate" travel launched between Singapore and Malaysia
Travel may start, beginning May 17.
SIA raises $2b from sales-leaseback transactions
The airline has raised a total of $15.4b in fresh liquidity since 1 April 2020.
DBS net profit smashes record $2b high
DBS' net profit doubled in the first quarter of 2021.
Bank loans down for 10th straight month, but recovery in sight
The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.
59% of Singaporeans would choose travel over a work promotion
The majority of Singaporean professionals want a getaway from the work-from-home life.
Mapletree Industrial Trust distributable net property income up 11.3%
The REIT found the fiscal year challenging as tenants struggled during the pandemic.
Wilmar net profit doubles to a record-breaking US$450.2m
All of the food processing firm's core business segments grew in the first quarter.
How reach52 bridges the gap in healthcare with tech
The unique startup aims to connect to 250 million individuals across the globe by 2030.
CDLHT reports 1% YoY rise in net property income for Q1, 2021
This is despite sharp declines in revenue per available room at many of its hotels.
MAS commits $42m for tech adoption schemes
An additional $30m is set aside for the Digital Acceleration Grant scheme, also targeting financial institutions.
Japfa net profits up 36.9% amidst pandemic, swine flu
Japfa's net profits were up 36.9% to US$35.5m.
ARA acquires 50% stake in Dasin Retail Trust Management
The company plans to extend its reach in China’s Greater Bay Area.
Yangzijiang net profit sails by 89% with record high order book
The China-based shipbuilder recorded a net profit of RMB717.7m for the first quarter of 2021.
Mining company Anchor Resources to dabble in FinTech
The company says it is trying to ‘revitalise’ its legacy in the mining business.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform