News

UOB profit up 28% to $1.08b in Q2

UOB profit up 28% to $1.08b in Q2

Earnings were boosted by net interest income which hit $1.54b.

Chart of the Day: See how HDB flats' resale volume recovered from 2015

It is expected to rise further with about 76,000 flats completed from 2014 to 2017.

Ascendas Hospitality Trust NPI decreased 9.3% to $20.2m in Q1

Proceeds from the sale of its two Beijing hotels trimmed its debt.

Singapore SMEs beat APAC counterparts in export earnings

Their average annual revenue hit US$1.75m which is higher than the APAC average.

Manufacturing PMI down 0.2 ppt to 52.3 points in July

The slowdown was fueled by slumping growth in new orders, new exports, and factory output.

Robinson 77 up for sale at $725m

Another 74.5 years are left on the lease with the building 91% occupied.

Only 3 in 10 bosses sure of digital tie-ups' value to businesses

They also deal with internal conflicts whilst responding to digital disruption.

Sheng Siong could be a takeover target amongst online players: analyst

Its store network and logistics chain could attract those who are taking the online-to-offline route.

88% of Singaporeans unhappy about property market due to prices

About 27% think condo prices will climb by over 10%.

Ascendas REIT's proposed UK acquisitions could lift income

It could strengthen the firm’s portfolio characteristics such as higher proportion of freehold land and longer lease expiry tenor.

HDB resale prices fell 1.6% in July

Resale prices of HDB 3 rooms and 4 rooms dipped by 1% and 0.5%, respectively.

IBF rolls out career centre for financial industry professionals

It will offer skills upgrading, career advisory, and job matching services.

Grab raises US$2b in recent funding round

Toyota was joined by investors like OppenheimerFunds and Ping An Capital for the round.

DBS profit surges 20% to $1.37b in Q2

Strong consumer and non-trade corporate lending offset weak trading income.

Daily Markets Briefing: STI up 0.27%

Investors awaiting signals amidst the trade wars could mute gains today.