News
SIA Q2 profits dropped 80.9% to $56.4m in Q2
SIA Q2 profits dropped 80.9% to $56.4m in Q2
It blamed a 40% increase in jet fuel costs and share losses from Virgin Australia.
Daily Briefing: EDBI joins $55.14m funding round for US tech firm; MOH lays out benchmarks fees for surgical procedures in private hospitals
And Kent Ridge Hill Residences sell 46% of units in weekend launch.
Chart of the Day: See how TPG's entry could impact incumbents' mobile service revenue
Singtel could be an outlier as its EBITDA could expand through higher associate earnings and lower group digital life losses.
Daily Markets Briefing: STI down 0.47%
Wall Street's muted performance could keep the local sentiment cautious today.
UOL profits plummeted 85% to $92.81m in Q3
Revenue from property development crashed 43% to $164.96m due to the completion of some projects.
MAS to set up $6.90b fund for PE and infrastructure investments
It is geared towards PE and infrastructure fund managers that are deepening or establishing their Singapore presence.
HDB launches over 7,000 flats for sale
Prices range from $87,000 for a two-room Flexi SBF unit to $472,000 for a five-room BTO flat.
ComfortDelGro's earnings to turn up in Q4 onwards as rail riders increase: analyst
Its $138m corporate venture fund and 4.3% fare hike effective December may boost revenue.
Golden Agri-Resources hit by $74.51m loss in Q3
Revenue from the oilseeds segment dropped 23.2% to $499.93m.
Oxley's Q1 profits plummet 83% to $8.06m
It blamed lower revenue contribution from projects in Singapore and overseas.
StarHub's frontloading of migration costs could help rebound in 2020: analyst
The telco could see $30m savings annually as it cuts its cable services.
Sunseap to build five-hectare offshore floating solar system along Straits of Johor
The system will reduce 26,000 tonnes in greenhouse gas emissions once operational in 2019.
CapitaLand wins bid for Guangzhou Science City site for $175.2m
It plans to build a development comprising of office, retail space and serviced residence by 2022.
Wilmar Q3 profits jumped 18.2% to US$434.91m
It was backed by higher sales especially in its tropical oils segment.
CapitaLand and GIC to buy Shanghai's tallest twin towers for $2.54b
The two 50-storey buildings have an office and retail component.
Qoo10 to enable package collection at 7-Eleven by end-2018
The service will be initially available at 75 stores.
Private condo resale prices dipped 0.4% in October
Resale volume rose 3.7% to 703 units resold.
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SG60: What the next 10 years have in store for Singapore’s investment landscape