News

Economic growth is expected to decline to 1.9% from 3.1% in 2018.

It is also beginning to reap better contributions from Fortis.

Prosafe will acquire all of the ordinary shares in the capital of Floatel based on a 55:45 exchange ratio.

It will be used to partially repay its borrowings for its UK student accommodation acquisitions.

New orders, new exports, factory output, inventory, and employment level all slowed down.

The firms will construct a new yeast plant in Qiqihar City.

About 47% displayed negative buying behaviour two years or more after going through a bad experience.

DBS led the buyback spree after re-purchasing $65.68m worth of their shares. Buyback considerations more than tripled to $133.1m in May from $35.1m the previous month with a total of 24 SGX-listed stocks reporting buybacks of about 39.1 million shares, according to SGX. The latest figure marks a nine-month high since August when total buybacks hit $245.4m. Also read: Share buybacks plummeted 69.23% to $36m in April

Don’t expect gains today.

The decline will be partially countered by the launch of data centres in the coming years.

And heavy demand met First Sponsor Group’s $147.6m rights issue.

It will allow FX e-trading of over 130 currencies.

Occupancy has recovered to a healthy 95.2%.

The new unit will work on the upgrade and repair of drilling rigs, military, para-military and commercial ships.

Traffic rights will be given to three airlines to operate on the Singapore–Busan route.

The largest transaction was the $227.5m sale-and-leaseback deal with LTH Logistics.