News

SIAEC's profits rose 20.4% to $193.8m in FY2019-2020

It saw $3.3m higher contributions from its engine and component segment.

Hummingbird Bioscience bags $35.3m in series B funding round

SK Holdings led the series B extension as a new investor.

Keppel Corp to hold digital AGM on 2 June

Shareholders can pre-register until 30 May.

Singapore to elevate hub status with new digital banking regulation

A more flexible Payment Services Act makes it easier for fintechs to apply full operations in Singapore.

Daily Markets Briefing: STI up 0.01%

AEM led the gains amongst top active stocks with a 19.38% expansion.

Chart of the Day: 2020 posts highest first-quarter resale volume in eight years

Over 5,500 units were resold, higher than the average of 4,195.

Raffles clinches $1.13b township development project deal in Bangladesh

The project involves the development of 50 acres of land in Trust Green City.

MAS bans four individuals for fraud

They will also serve separate prison sentences.

Expats ask for lower rents as crisis hits wages

Singapore’s property market is usually dominated by foreigners.

SIA predicts yearly loss for Q1 FY2021

The group is currently anticipating negative operating cashflows.

HDB resale volume plunged 78.1% to 423 deals in April: SRX

An analyst noted that this could be the lowest sales volume ever recorded.

SingPost's post-tax profit jumped 228.8% to $88.28m in FY2020

The increase is attributable to the absence of losses from US businesses.

Mauritius court appoints liquidator for Singtel's HOOQ

This comes after HOOQ commenced a creditors’ voluntary liquidation on 27 March.

OCBC's Q1 profit plunges 43% YoY to $698m

Banking and insurance operations suffered tremendous losses.