News
Most of the services sector optimistic for the 2nd quarter in a row
Most of the services sector optimistic for the 2nd quarter in a row
The retail trade and accomodation sectors, however, remain shrouded in negative sentiment.
Growth of 6.3% predicted for consumer spending projects: Fitch
Household spending has been estimated to have contracted by 13.8% over 2020.
59% of manufacturers don't think business will be better before October
Only 41% of manufacturing firms anticipate a favourable business situation for the coming six months.
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.
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