News

Wilmar's profits to turn sour due to delayed sugar harvest

It's expected to make profits of $476.39m, down from last year's $780.09m.

Singapore's NODX growth projected to slow down to 6.7% in 2018

How will GDP growth be affected by the moderation?

17 venture capital deals raised $205m in Q4

Singapore closed 2017 with $1.2b invested across 112 deals.

COE prices for small cars dropped to $36,890

It registered the biggest drop amongst all vehicle categories.

ST Engineering smashed records with $6.3b signed deals in 2017

The electronics division is expected to add $2b to the total.

Singapore toughens white-collar crime crackdown

The move follows high-profile cases like Singaporean financiers' link to the 1MDB.

Frasers Centrepoint Limited issues $300m fixed perpetual bonds

The bonds are part of its $5b multicurrency debt programme.

En bloc sale of 48-unit Hollandia launched for $163.15m

The buyer can redevelop up to 12 storeys and a gross floor area of 107,688 sqft.

Singapore to raise aerospace industry's value by $4b in 2020

It also wants to create 1,000 new jobs in the industry.

TPG Telecom's entry to drag StarHub's mobile business further: CIMB

StarHub’s mobile revenue is projected to fall by 5.8% in 2020 after TPG's entry.

ST Engineering's aerospace arm bags $510m deals in Q4

The contracts covered maintenance and pilot training services.

Keppel Land issues $150m 2.68% bonds due 2023

Funds raised from the bonds will be used for general corporate purposes.

SPH's staff costs dip 5% after job cut

It intended to cut its staff costs by 10% to improve earnings.