News

Wilmar profits plummet 94% to $50.5m in Q2

No thanks to weaker contributions from tropical oils and oilseeds and grains segments.

Singtel's net profit down 6% to $892m

Blame the lower associates' contributions and Optus' exceptional charges.

Singapore economy grew faster in Q2, up 2.9%

This is compared to the 2.5% growth in Q1.

SingPost's mall to generate $17m per annum

This could boost the group’s future earnings.

SIA, CAE ink deal on flight training center

The venture will provide simulator training for Boeing aircraft types.

CapitaLand to get profit boost from China malls

Three Raffles City malls began operating recently.

DBS rolls out online car marketplace

It currently has some 3,500 direct-owner car listings.

Perennial Real Estate's net profit skyrockets to $34.5m

Thanks to the gain from the revaluation of Xi’an Plot 4.

Daily Markets Briefing: STI up 0.16%

Wall Street's weakness could weigh on local markets today.

HDB rents slip 0.1% in July

Only 1,835 flats were rented.

Centurion acquires College & Crown for $95m

It will join Centurion's growing US portfolio worth $281m.

OUEHT's Mandarin Orchard's RevPAR up 5% to $210

This led to the 6% growth in the net property income.