News

CBD Aether locks in purchase of Keppel's 51% stake in Beijing prime site

CBD Aether has paid $125.2m to exercise the option to buy the property.

Keppel O&M outlook buoyed by contract wins

The momentum for new orders that started in 2017 could continue in 2018.

CapitaLand Mall Trust's revenue rose 1.7% to $346.5m in H1

Its NPI grew 3.7% to $246.4m in the first half of the year.

Wheelock Properties' privatisation bid revives missed chances in West Orchard

The general offer is translating to a payment of $3.61 per share for an associate linked to West Orchard.

CapitaLand Commercial Trust could get a boost from rising rents

Its committed occupancy rate could also uplift the firm.

Chart of the Day: Number of unsold homes hit three-month high at 1,590 units in June

This is despite the number of June launches hitting a four-year high at 726 units.

Keppel Q2 profits up 44.4% to $246.16m

Profits from property and infrastructure offset slight losses in offshore & marine.

SATS Q1 profits up 11.5% to $63.9m

Its revenue for both food solutions and gateway services grew.

Singapore is the seventh most sought-after city for global workers

Local businessmen think that tax and cost of living could make workers think twice about moving to the Lion City.

Online hiring in Singapore up 3% in May

The BFSI sector saw a 19% growth in e-hiring activities.

SGX to expand clearing houses' management powers during defaults

It wants to auction clearing members’ positions in derivatives if they ever default.

Manufacturing and services slowdown could hurt Singapore economy

Global electronics demand have been hit by the US-China trade war.

ComfortDelGro to test 2 fully-electric taxis that charge for 30 minutes

It aims to bring costs down to a third of the price of diesel.

Keppel T&T Q2 profits jumped 137.8% to $25.96m

It gained from a dilution of its interest in an associated company.