News
DBS launches cloud-based data centre
It will reduce costs to run the old data centre by 75%.
Daily Markets Briefing: STI down 0.11%
Investors are urged to take caution today.
Chart of the Day: 15 mortgagee residential properties sold in Q3
Sales value rose 166.8% to $31.9m amidst improving sentiments.
Daily Briefing: Demand for HR professionals continue to rise; Sembcorp Marine buys back shares
And here’s Standard Chartered Plc’s latest investment.
CDL profits fall 8.3% to $156.1m in Q3
Blame lower contributions from its property development segment.
Global Logistic Properties profits up 33.6% to US$231.26m in Q3
Thanks to higher revenue from projects and financial services in China.
Yanlord buys 80% stake in developer Chongzhou Yanlord Land
The acquisition was priced $65.74m.
Sembcorp Marine wins $490m FPSO building contract
It signed a letter of intent with Statoil Petroleum AS.
Retail sales fell 4.2% in September
Total retail sales value dipped to $3.4b.
SIIC Environment profits up 17.2% to $22.57m in Q3
Income from its construction businesses and service agreements boosted revenue.
UOL profits surge to $618.06m in Q3
Gains from the acquisition of 60 million UIC shares boosted earnings.
SATS' profits up 5% to $65.2m in Q2
Thanks to higher contributions from Indonesia, India, and China.
Singapore equity funds hit record highs after 10 years
Equity funds gained $2b in inflows this year.
Frasers Centrepoint Limited's profits are up by 15% YoY to $689.1m in FY17.
Contributions from international markets propped up its performance.
Raffles Education's loss widens 49% to $3.46m in Q1
Blame the discontinuation and teach-out of Raffles Shanghai JV college.
Noble suffers from wider loss of $1.59b in Q3
Noble's losses for 2017 have piled up to $4.15b (US$3.05b).
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform