News
Private rents stay flat in April as rental volume slides
While HDB rents dropped by 0.6%.
Singtel overhauls mobile payment app, launches new NFC SIM as competition heats up
Dash can now be used to send cash overseas.
Wilmar’s net profit drops 12.5% to US$222.4m in Q1
Blame it on a one-off impairment.
SIA Engineering’s net profit down 3.7% to $176.6m in FY16
Due to lower contributions from associates.
SingPost's full-year net profit jumps 57.9% to $248.9m
On back of hefty divestment gains.
Chart of the Day: No hope in sight for local manufacturers as Chinese demand slides
China's importance is outstripping that of the EU and US.
Daily Briefing: Signs that point to economic gloom; Gov’t to increase HDB shops funding
And Singapore property developer sentiment remains bleak.
Daily Markets Briefing: STI down 0.9%
Expect a rebound today.
F&N’s Q2 income soars 26% to $26m
Thanks to F&B segment’s robust performance.
MAS must be vigilant against deflation, says IMF
Another policy easing should not be ruled out.
Frasers Centrepoint files application for new REIT listing
It will hold its Australian assets.
Noble's financial flexibility compromised as it loads up on short-term debt: Fitch
It will focus on short term debt to lower financing costs.
Private condo resale prices up 0.5% in April as sales volume hits new high
Almost 700 units were resold last month.
FCL’s Q2 profits plunge 13.8% to $123m
Joint ventures, associates posted fair value losses.
Singapore to install 2,000 electric vehicle charging stations
Car-sharing services will also be rolled out.
Chart of the Day: Average car COE premiums down 19% in Q1
Bidders are holding out for even lower prices.
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