News
Sembmarine Q1 profit plunges 67.8% to $1.7m
Sembmarine Q1 profit plunges 67.8% to $1.7m
The absence of large scale contracts slashed revenue from offshore platforms to $15m.
Can CapitaLand redeem itself with its China and Vietnam business?
Around 60% of the 7,800 units sold in China for around $2.55b will be recognised in H2.
Banks turn to corporates for loan boost as mortgages weaken
Housing loan limits granted in Q1 fell to its lowest since Q4 2015 around $7.3b.
honestbee co-founder and CEO Joel Sng steps down
The position will be taken over by investor, Brian Koo.
ARA US Hospitality Trust prices IPO at US$0.88 per share
It is looking to raise US$498m.
Singapore launches $3.68m scheme to boost legaltech
Law practices can receive funding of up to $130,000 for adopting advanced tech solutions.
UOB profit up 8% to $1.05b in Q1
The earning boost came from strong income figures which hit $2.41b.
Daily Markets Briefing: STI down 0.2%
Expect muted gains today
Daily Briefing: Pavilion Energy unveils first ship-to-ship LNG refuelling operation; SilkAir offers non-stop flights to Busan
And the STI jumped 5.8% in April.
Chart of the Day: Singapore's economic growth remains ahead of top-rated countries
The nation would remain ‘highly competitive’ despite its demographic decline.
MAS complete cross-border payments in blockchain with Canada central bank
Project Ubin was linked to Canada's experimental domestic payment network, Project Jasper.
Singapore revs up funding for unionised firms with training committees
Firms can get 10% of funding support from the Labour Movement as an incentive.
Fraser & Neave profits jumped 81% to $73.82m in H1 2019
It was boosted by its Thai dairies business and Singapore soft drinks unit.
No Signboard CEO arrested over share buyback probe
Shares have been bought above the regulatory limit for buybacks.
SIA and SATS renew aviation services contracts for next five years
The contracts cover inflight catering, cabin and cargo handling, as well as services for Scoot.
Jardine Cycle & Carriage profits soared 131% to US$312m in Q1
But underlying profit fell 8% to US$201.3m in the absence of Vinamilk’s dividend income.
CapitaLand profits slipped 7.4% to $295.57m in Q1
Lower contributions from Singapore and China dragged on earnings.
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Commentary
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