News
Japan Foods profit plummets 80%, halts expansion plans
Japan Foods profit plummets 80%, halts expansion plans
The company has been significantly impacted by the pandemic.
UOB reveals virtual desktop for IT team
The UOB DevTop platform has been developed in partnership with VMware.
DBS posts 20% net profit drop in Q3
Lower net interest income triggered the fall.
Daily Briefing: No takers for 1,000 F&B jobs; Construction contract deadlines extended by 4 months
And COE prices close lower in latest bidding exercise.
Daily Markets Briefing: STI up 0.75%
Singtel led the gains amongst top active stocks with a 2.44% expansion.
MAS takes action against market abuse, financial misconduct
It has imposed a total of $15m in penalties on offenders.
Credit relief measures to aid SMEs impacted by legislation
Re-Align Framework helps businesses restructure their contracts.
SIA receives Envirotainer QEP accreditation
It acknowledges the airline's capability to handle temp-controlled shipments.
UOB net profits down 40% to $668m in Q3
The group’s $339m hit on profits year-on-year, but results registered an improvement from Q2.
Great Eastern posts 40% profit jump in Q3
Total weighted new sales also surged 36% in the same quarter.
Service sector under threat until March 2021
Several industries remain positive despite the latest foreboding survey results.
Taobao, Tmall launch 11.11 Global Shopping Festival
Free shipping, discounts, and more are available from 3 to 11 November.
Sembcorp sells water business in Panama
The divestment resulted in a net gain of about $21m.
Singaporeans worry over costs of disability care
Over two in three felt they might not be able to afford healthcare if they become severely disabled.
Chart of the Day: October buyback shares hit $22m
Total buyback shares have reached $746m for first 10 months of 2020.
Singapore stocks rally to five-month high amidst hopes for a Biden win
Analysts bet more fiscal spending under Biden, which they hope will spur growth.
Singapore's Q3 jobless rate soars to highest in 16 years
A total of 112,500 residents are unemployed, 97,700 of which are Singaporean citizens.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform