News

OCBC reports S$1.36b net profit in Q1

OCBC reports S$1.36b net profit in Q1

Profits were 10% lower than last year, but 39% higher than Q4 2021.

DBS posts US$1.3b net profit in Q1, second-highest on record

Wealth and investment banking fees were lower after 2021’s exceptional year.

About 41,100 job seekers employed in Q1

Non-resident employment was higher than resident employment.

Market update: STI up 0.63%

Jardine Cycle & Carriage was at the helm for the second day in a row.

Property investment volumes to grow at a 'milder' rate: Colliers

Investors will factor in various headwinds moving forward, said the expert.

CICT’s acquisition of car park system at 79 Robinson Road completed

The 79 Robinson Road has a sky terrace and roof garden that offers a view of the Central Business District.

MAS bares top 4 priorities for 2022 and 2023

The agency vowed to take a tough approach against financial crime and misconduct.

Resale HDB prices to rise by 5% to 8%: OrangeTee

People will prioritise spending for basic goods instead of resale flats.

4 in 5 Singaporeans to invest more amidst rising inflation

Digital investment platforms have become popular amongst respondents.

Freehold site on 8 Devonshire Road up for sale

It will be sold via Expression of Interest.

Far East Hospitality Trust net property income up 4.5%

The company reported a $19m net property income for the first quarter.

Great Eastern Q1 shareholder profits plummets by 50%

The firm blames less favourable financial market conditions.

Removing pre-departure tests to support aviation recovery: UOB KayHian 

Air traffic data of Changi Airport exceeded the firm’s forecasts.

Manufacturing growth to slow down after boosted Q1 results: analysts

In Q1, the sector posted an above-estimate growth of 7.1%.

Chart of the Day: OCBC SME Index expands for the fifth quarter in a row

This is despite contractions in the F&B, education, retail, and construction sectors.