News

M1 fibre services down in select areas

M1 fibre services down in select areas

Some parts of western, central and eastern Singapore experienced disruptions.

Oil trader ZenRock under more than $850.5m in debt: report

The trader owes $235.45m to at least six banks.

Changi Airport temporarily suspends T4 operations

This will enable the group and airport partners to save on running costs.

OCBC's credit costs to recede after Q1 ‘front-load'

The bank expects to record 100-130bp in cumulative credit costs.

Condo resale volume more than halved in April

But figure should be seen as “encouraging” given that physical viewings are prohibited.

Optimistic times ahead for Wilmar: analyst

Consumer products and its HORECA operations are tipped to improve in Q2.

Fraser & Neave's post-tax profit slid 1.5% to $105.57m in H1

The increase is attributable to strong performance of beverages and dairies in Thailand.

City Developments' sales value nearly halved in Q1

This was blamed on the absence of ultra-luxury sales.

Wilmar's core net profit up 22.5% to $435.19m in Q1

It came on the back of strong performances from consumer products.

Lian Beng nails residential development contract worth $174m

It involves constructing five blocks of flats with 566 units.

PUB, Sembcorp inked 25-year power purchase agreement

The plan is to build a floating solar PV system on Tengeh Reservoir.

Daily Markets Briefing: STI up 0.75%

AEM led the gains amongst top active stocks with a 2.92% expansion.

Chart of the Day: HDB resale prices tipped to decline 1.3% in 2020

This may be attractive to some buyers looking for cheaper homes amidst uncertainties.

SGX Mainboard lifts minimum trading price rule

MTP watchlist companies are no longer required to satisfy exit criteria.

Temasek eyes stake in Virgin Atlantic Airways

The carrier seeks to avoid collapse as it pitches to potential investors.