News

LTA slams SMRT with $1.9m fine for fatal incidents in 2016 and 2017

Probes showed failure to follow operating procedures, resulting in two trainee deaths.

ST Engineering's electronics arm bagged contracts worth $764m in Q2

Major projects covered mobility, satellite comms, and IoT.

Sembcorp Marine sank into $55.62m loss in Q2

It blamed loss upon the sale of a semi-submersible.

UOB raises One Account deposit rates by 0.55%

Millennial account holders, with average balances of $34,000, will benefit most.

Embattled Hyflux struggles with restructuring plan

The only concrete news is the 16% staff reduction.

Property curbs leave Keppel untouched in H1 2018

Singapore and China property trading gains even partially backed the 214% net profit jump to $603m.

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.