News
Chart of the Day: Manufacturing output could taper amidst strong electronics production
Chart of the Day: Manufacturing output could taper amidst strong electronics production
Electronic exports have shrunk for 5 months straight despite high output.
Daily Briefing: Malaysia scraps high-speed rail link project; Biotech firm Lion TCR bags $20m in series A round
And here are two companies that recently delivered weaker results. From Reuters:
SGX-NSE talks for cross-border trading fall apart
The exchanges couldn't agree on issues such as timing, regulation, and resources.
Import prices up 1.4% in April
Oil prices jumped due to costlier crude petroleum and fuel oils.
DBS to build Carousell's mobile wallet CarouPay
This followed the bank’s participation in Carousell’s US$85m funding round.
Keppel looks to gain $114m from sale of Beijing prime site
It granted CBD Ather Center an option to buy 51% of the holding firm for $396.3m.
Prudential to pay $100 to customers hit by GIRO deduction
Customers can expect it to be credited to their accounts by 3 June.
Singapore expat packages shrunk by US$12,450 over a year
Employers paid lower salaries and expat benefits cost less.
MAS commits to Foreign Exchange Global Code
The code promotes a robust, fair, liquid, open, and transparent FX market.
1 in 5 family businesses eye China as critical for expansion
About 7 in 10 of them are planning to go abroad or are already doing it.
IHH Healthcare profits crashed 88% to $19.25m
It was hit by costs from opening Gleneagles Hong Kong Hospital and Acibadem Altunizade Hospital.
ST Aerospace bags 12-year maintenance contract for A319 jet
It will repair the interior and auxiliary fuel tank of the airbus jet.
Chart of the Day: 4% of overseas investment in China flowed from Singapore
Majority of Singapore's overseas investment ends up in developing countries like China.
Daily Briefing: Blackstone buys La Quinta resort from GIC; PE firms struggle to fill space for directors
And here's why Malaysian PM Mahathir can't fully reject the high-speed rail project with Singapore.
Daily Market Briefing: STI down 0.44%
Don’t expect any gains today.
Circles.Life's $0 plan could slowly erase telcos' wireless revenue
It launched a plan with 1GB of monthly data allocation, 30 minutes of voice, and 10 SMS.
CapitaLand to attach robotic product collector arms to Funan mall
It unveiled its plans that also involve a 24-hour click-and-collect shopping drive-thru.
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