Singapore
Sembcorp Industries' profits jumped 21% to $93m in Q1
Its profit from its energy business grew 21% to $85m. Sembcorp Industries started the year on a positive note as profits climbed 21% YoY to $93m in Q1 from $77m in the same period a year ago, thanks to the improved performance from its energy business.
Sembcorp Industries' profits jumped 21% to $93m in Q1
Its profit from its energy business grew 21% to $85m. Sembcorp Industries started the year on a positive note as profits climbed 21% YoY to $93m in Q1 from $77m in the same period a year ago, thanks to the improved performance from its energy business.
ST Engineering's Q1 profits grew 11% to $131.1m
Its aerospace sector recorded a 6% profit increase to $62.7m.
honestbee to hit the brakes on food delivery services on 20 May
About 400 delivery partners will be affected.
City Developments profits surged 133.8% to $199.56m in Q1
The $144.3m pre-tax gain from the Manulife Centre divestment pushed up earnings.
Daily Markets Briefing: STI down 0.33%
Investment sentiment will likely remain cautious.
Chart of the Day: Rental transaction volume up 4.9% to 21,426 in Q1
There were less vacant flats in Q1, pushing up occupancy rates to a five-year high.
Daily Briefing: Temasek and UOB invest US$200m in venture debt firm InnoVen Capital; Blockchain monitoring startup Merkle Science raises $1.1m in seed funding round
And investment holding company UMS to acquire shares in JEP for $6.58m.
Luxury home sales take off in Q1
New non-landed homes in CCR skyrocketed 82.4% to 186 units.
SIA Engineering to lean on joint ventures following global B737 MAX aircraft grounding
The grounding of B737 MAX aircraft will hit main airline operations.
Temasek joins Impossible Foods' US$300m Series E funding round
The startup’s sales in Asia, including Singapore, have risen more than three-fold since March 2019.
$4.1b of arrears owed to small businesses in 2018
Almost a fifth remain unpaid in 2019.
CapitaLand unveils rooftop garden design for 39-storey One Pearl Bank towers
About 18 gardens with 200 plots in total will be arrayed vertically at one edge of each tower.
Previews of freehold mixed-use development Parc Komo to open on 18 May
It has 10 blocks of five-storey apartments with 28 commercial units.
Three-storey Club Street shophouse up for sale
The 2,885 sqft property will be sold with existing tenancy.
Edtech startup Cialfo bags $4.1m in series A funding
The funds will be used to support its US expansion.
Malaysian apparel maker KTMG debuts in SGX after reverse takeover
The firm said that the move will boost its regional expansion.
Condo resale prices rose 3.6% in April
Prices in the OCR grew 4.5% YoY.
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