News
Great Eastern's net profit crashed 90% to $33.9m in Q1
Great Eastern's net profit crashed 90% to $33.9m in Q1
Total weighted sales rose due to growth momentum in Singapore and Malaysia.
UOB's net profit down 19% to $855m in Q1
Total impairment charges skyrocketed 96% to $286m.
OUE C-REIT's NPI up 42.5% to $62.08m in Q1
Mandarin Gallery, Mandarin Orchard Singapore and Crowne Plaza Changi Airport boosted NPI.
Daily Briefing: Singapore to ramp up factory activities as virus curbs ease; MCI, IMDA working with telcos to boost network capacity and internet connection
And d:tribe invests in Australian AI startup Shelfie.
Daily Markets Briefing: STI up 0.34%
DBS led the gains amongst top active stocks with a 0.66% expansion.
Chart of the Day: Occupancy of homes in OCR rose to 95.9% in Q1
It posted the highest occupancy rate amongst regions.
Logistics company Ninja Van bags $394.73m in series D round
B Capital Group, Monk's Hill Ventures and Grab participated in the round.
UOB extends $4b in loans to mid-sized enterprises
The bank also tapped MAS SGD Facility to help clients access funds at lower interest rates.
Olam breaks off $156m deal on US onion and garlic facility
Mesirow has been unable to secure the required debt and equity financing.
Insurance regulators extend COVID-19 coverage to CCF, CRF patients
Patients may claim hospital cash benefits for a maximum of 14 days.
Sasseur REIT's first-day spring sales skyrocketed 411% from reopening
Chongqing nabbed the largest share of the first-day spring sales at $5.16m.
Lendlease REIT's NPI up 4% to $16.6m in Q1 from IPO forecasts
Its DPU rose to 1.28 cents from 1.27 cents.
Keppel appoints Evercore Asia as financial adviser
This is despite the pre-conditions not being met as of now.
SGX, AMTD partner to enhance connectivity between financial markets
The collaboration aims to support entrepreneurs through its initiatives.
MPA, NUS pool $50,000 each to fund 12 startups
This will enable startups to conduct prototype development and test solutions.
PMI dips further to 44.7 in April
This is said to be the lowest reading since 2008.
Share buyback considerations hit $36.3m in April
SATS bought back a total of 535,000 shares for $2.93 per share over 1-7 April.
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