News

Wing Tai Holdings profit surges to $8.19m in Q1

It sold more units in Le Nouvel Ardmore and other properties.

Sembcorp Marine, SP Group to develop solar energy digital system

It will reduce 30% of grid-supplied electricity during peak load.

Mapletree Greater China Commercial Trust NPI up 5.4% to $70.90m in Q2

Higher rental rates from Festival Walk and Gateway Plaza boosted revenue.

Noble sells US oil unit for US$1.42b

This comes as part of its decision to monetise global oil liquids segment.

CapitaLand Mall Trust NPI up 1.6% to $121.37m in Q3

Weak rentals for Bedok Mall, Plaza Singapura, and Junction 8 pulled revenue down.

Chart of the Day: Private homes' supply down to 15,085 units in Q2

Developers are now aggressively loading up on land.

Singapore unicorn SEA could bag $850m in IPO

The Tencent-backed firm raised its share price to $15.

SGX opens Chicago office

It will expose international investors to 95% of Asia GDP.

GuocoLand Q1 profits soar to $165.55m

Profits rose from higher sales and contributions from its JVs.

MAS to loosen rules for VC fund managers

VC managers' directors and representatives no longer need at least five years of experience in fund management.

Frasers Commercial Trust NPI down 9% to $26.74m in Q4

Repair and maintenance costs for Caroline Chisholm Centre dragged NPI down.