News

ST Engineering positions for growth as aerospace unit takes flight

Aerospace sales are poised to grow by 26.2% in 2019.

Wilmar set to weather through trade jitters

It is poised to be the largest downstream player in palm oil processing.

MAS mulls new fintech sandbox with faster approvals

Approval decisions for applications will be granted within 21 days.

Chart of the Day: Commercial property sales hit $2.2b in Q3

One notable transaction was the $908m sale of OUE Downtown's office component.

SGX ties up with Bank of China and CFETS to globally promote bond indices

SGX will be the first exchange to distribute bond indices outside China.

Medical inflation in Singapore to hit 10% in 2019

Cancer and cardiovascular issues are pushing the medical plan costs up.

9 in 10 Singapore family businesses positive on growth

But only 8% have a formalised succession plan for their next generations.

Olam International Q3 profits fell 14.2% to $20.7m

It blamed tough trading conditions in coffee and weaker performance from its peanut business and commodity financial services.

Golden Wall Centre up for collective sale at $260m

It could be transformed into a mid-sized hotel development.

CapitaLand Q3 profits jumped 13.6% to $362.22m

The increase was due to higher operating income and gains from asset recycling.

SGX to launch new securities settlement and depository system

It will cut its securities settlement cycle from three to two days.

HDB rents rose 0.3% in October

Rents for HDB three-rooms grew 1%.

Private condo rents dipped 0.7% in October

Rental volumes fell 1.7% to 4,207 rented units.