News
Daily Briefing: More support for precision engineering sector to foster partnerships; Advanced materials maker Krosslinker raises $1.68m
And 1,200 visitors flocked to The Landmark’s preview.
Daily Markets Briefing: STI up 1.35%
Medtecs International led the gains after its stock grew 11.86%.
CapitaLand seeks to grow China ‘new economy' asset exposure to $5b
It has designated CRCT as its REIT platform for non-lodging assets in China.
Private new home sale market still 'credible' despite October sales falling 50%: analysts
Lack of new home sales, OTP drove lower sales, but market sentiment remains positive.
SIA's October passenger capacity plunges 89.9%
Passenger carriage crashed 97.8%, resulting in a PLF of 15.6%.
SIAS to work with Hyflux suitors to support P&P holders
This comes after NY-based fund manager SGI unveiled a new rescue offer.
Southeast Asia's Tallest Vertical Forest Residential Building Launches
Vietnam's Solforest Ecopark will have 1,194 luxury apartments and 400 vertical gardens.
Sembcorp Marine to remain in the red until 2021: analysts
It’s lack of new orders and project delays spell continued losses for the company.
Boustead posts 76% net profit jump in H1
Revenue dipped 1% despite the pandemic's different effects on each division.
Daily Briefing: Locals snap up properties during recession; Punggol Coast MRT opening delayed to 2024
And over 280 new gardening plots at 4 parks to open for application.
Daily Markets Briefing: STI down 0.02%
SIA saw the sharpest decline amongst top active stocks with a 2.79% drop.
SIA prices $850m convertible bonds at 1.65%
More than 148 million new shares will be issued.
ComfortDelGro operating profit down 59.6% in Q3
All segments report lower revenue for the quarter.
SATS posts $33.2m loss in Q2
Outlook remains tough with travel restricted; group says it's ready to assist vaccine distribution.
SIA expected to recover to pre-COVID levels by FY2024
Pfizer, BioNtech’s latest vaccine developments are a positive news for the airlines.
DBS boosts branch network with new self-service options
Customers will be able to replace ATM or debit cards outside traditional banking hours.
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Commentary
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