News

Market update: STI up 1.01%

Yangzijiang Shipbuilding was at the helm of the index.

Sembcorp Marine's net order book hits $1.75b in Q122

Of the total net orders, $1.51b were projects under execution.

NetLink NBN Trust's full-year DPU rises 1.0% to $0.0513 

The increase in DPU was driven by the group's higher revenue for FY22.

2 in 3 Singaporeans worried about losing job due to illness or disability

More than half do not have disability income protection.

Supply chain woes trigger 12.6% decline in Frencken’s Q1 net profit

The decline was also caused by higher selling and distribution.

Private residential market ends 'state of pause' in April

The market has already logged some 500 new home sales for May.

SIA’s carried group passengers up by 1,216% YoY in April 

Loosened health rules for travellers boosted the carried passengers.

2 new GLS sites in Lentor area to sell for $1,050  to $1,100 psf ppr each

Property experts expect the sites to attract  3 to 10 bidders.

Market update: STI up 0.35%

ComfortDelGro was on top of the index.   The Straits Times Index closed at 3,202.34, up 0.35%, on 17 May 2022.

Iron, steel trade up by 58% to $6.7b: Second Minister Tan

The government seeks to retain Singapore as a trading hub for the ferrous sector.

SingPost's international post and parcel business to gradually recover

Easing of border restrictions helped with the recovery.