News
Temasek joins Impossible Foods' US$300m Series E funding round
Temasek joins Impossible Foods' US$300m Series E funding round
The startup’s sales in Asia, including Singapore, have risen more than three-fold since March 2019.
$4.1b of arrears owed to small businesses in 2018
Almost a fifth remain unpaid in 2019.
CapitaLand unveils rooftop garden design for 39-storey One Pearl Bank towers
About 18 gardens with 200 plots in total will be arrayed vertically at one edge of each tower.
Previews of freehold mixed-use development Parc Komo to open on 18 May
It has 10 blocks of five-storey apartments with 28 commercial units.
Edtech startup Cialfo bags $4.1m in series A funding
The funds will be used to support its US expansion.
Condo resale prices rose 3.6% in April
Prices in the OCR grew 4.5% YoY.
SGX RegCo orders Best World's major customer to submit documents on sales and finances
The firm’s independent reviewer will now solely report to the self-regulatory organisation.
Golden Agri Resources profits climbed 53.5% to $25.07m in Q1
It was bolstered by improved performance from its palm, laurics, and other segments.
Olam's profits grew 6.9% to $168.88m in Q1
The higher contributions from edible nuts and cocoa boosted earnings.
UOL properties to get more revamps amidst Draft Master Plan's CBD agenda
It has a retail mall and three hotels in the Marina Bay area. UOL could gain from revamp and redevelopment potential riding on the government’s plan to rejuvenate the CBD, according to DBS Equity Research analysts Rachel Tan and Derek Tan. The firm has a stronghold in the area following its 50% stake acquisition in UIC and its purchase of a minority stake in Marina Centre Holdings (MCH). “UOL now has control over a prime integrated development comprising a retail mall and three hotels fronting the Marina Bay area,” the analysts said in a report.
Oxley's profits skyrocketed 121% to $67.4m in Q3
The group’s total contract value reached $3.7b.
Daily Briefing: GIC to sell stake in Acuris to ION Investment Group; Rent upswing brings cheer to residential market in Q1
And UOB snatches Deutsche Bank’s global DevOps lead for wealth management.
Chart of the Day: Singapore life insurance employees up to 8,300 in March
The increase coincides with premium growth.
Daily Markets Briefing: STI down 1.2%
Wall Street's weakness could weign on the local bourse today.
Middle East's Utico submits $400m binding offer to invest in Hyflux
The move comes after the private utility and developer submitted a non-binding letter of intent in May 3.
Singapore to launch corporate structure for investment funds
The move aims to encourage fund managers to set up operations in Singapore.
ThaiBev profit surges 40% to $570.3m in H1
Its food business saw the highest revenue increase to $163.3m in Q2.
Read Here
Advertise
Sign Up
Commentary
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?