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Market Update: STI down by 0.55%

Market Update: STI down by 0.55%

The Straits Times Index (STI) closed down by 17.55 points or 0.55% at 3,192.17 on Tuesday.

SIA share prices see 2.7% dip following dismal operating results

SIA's pasenger capacity contracted by 56.3% in March due to muted travel demand.

Singtel mulls Gulf Energy takeover of Intouch, AIS

Thai energy giant Gulf Energy Development is controlled by billionaire Sarath Ratanavadi.

Olam International to issue $100m perpetual securities

Thise will be consolidated with its existing $250m securities, issued under the same programme.

Econ Healthcare smashes SGX debut with over 16.6m shares traded

Shares of the Catalist-listed private nursing operator had an intra-day high of $0.30 per unit, 7.1% higher than the IPO price.

Aedas builds community spaces that can be accessed 24/7

In this exclusive interview, the firm also shares projects promoting wellness and safe workplaces.

Ong Ye Kung eyes global maritime decarbonisation centre in Singapore

Public consultations will be held to develop the Maritime Singapore Decarbonisation Blueprint 2050 by year end, the transport minister added.

Analysts project 75% of workers will be back in office in full-time next year

Demand for office space will continue to be high until at least 2022.

Fintech startup STACS bags $5m in pre-Series A funding round

The investment round has been led by Wavemaker Partners, Tribe Accelerator, and Stellar Partners.

Market Update: STI extends gains, starts trading week up 0.25%

The Straits Times Index (STI) opened the trading week up by 7.96 points or 0.25% at 3,209.72, extending gains from the previous week to end in positive territory.

Hiring demand for lawyers to rebound in 2021: report

Hiring capacity dampened in the beginning of 2020, due to the pandemic.

TE Asia Healthcare to inject $119.85m for expansion plans

The group cites soaring demand for specialty care as the reason for its expansion.

Government to demolish Thomson Road building for North-South Corridor

The 57-year old four-storey building stands in the way of the construction of the North-South Corridor.

Econ Healthcare market debut 86.9% subscribed

The private nursing home operator received more than 150m applications, for their 1.8m offering shares.

ST Engineering launches first venture into Australian market

The company has secured a contract for Queensland’s Cross River Rail.

Cloud4C lays out the guidelines for cloud cost optimisation

There are three important areas that should be fixed to achieve this goal.