Staff Reporter

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. 

Market update: STI down 0.07%

Jardine Cycle & Carriage was at the top of the index.

3 factors that led to the slowdown in the private residential market

Several silver linings, however, will help alleviate the effects of these factors, an expert said.

QSR Brands’ Connected Kitchen bags award in Malaysian Technology Excellence Awards

QSR continues to challenge status quo in the food & beverage industry.

1 in 2 Singaporeans no longer prioritise their careers

This encourages employers to evaluate support for their workers.

Mapletree Industrial Trust's net income shoots up to $472.0m

The increase was driven by the company's data centre acquisitions in the U.S.

Sheng Siong’s net profit up by 13.9% YoY in Q1

The group’s revenue also increased by 6% in the first quarter of 2022.

AIMS APAC REIT's net income soars 16.6% YoY to $55.48m

Despite the income growth, the REIT's DPU still decreased by 4.8% YoY.

NTUC Income launches new travel cover that protects by the hour

Premiums start at S$1.80 for a six-hour coverage.

Keppel O&M and Sembcorp Marine announce merger 

Keppel will own 56%, and Sembcorp Marine 44% of the combined entity from the merger.  

Fewer foreigners bought homes in Q1

The count of non-landed homes bought by foreigners was down by 47.3%.

Selangkah Ventures wins AI award for Healthcare in Malaysian Technology Excellence Awards

It was awarded for the growth of its Selangkah App, which started out as a contact tracing platform.

Manufacturing output rises 3.4% YoY in March 

The increase was due to the output growth in four of the six clusters.

Chart of the Day: Private home sales in CCR declined in Q1

There was a 40.8% decline in private homes sold compared to the previous quarter.