Singapore
Frasers Hospitality Trust net property income falls by 40.9%
The company reported a net property income of $26.7m for the first half of the year ending in March 2021.
Frasers Hospitality Trust net property income falls by 40.9%
The company reported a net property income of $26.7m for the first half of the year ending in March 2021.
Far East Hospitality net property income slips 8.4%
Lower occupancy rates led to lower revenues.
Most of the services sector optimistic for the 2nd quarter in a row
The retail trade and accomodation sectors, however, remain shrouded in negative sentiment.
Growth of 6.3% predicted for consumer spending projects: Fitch
Household spending has been estimated to have contracted by 13.8% over 2020.
59% of manufacturers don't think business will be better before October
Only 41% of manufacturing firms anticipate a favourable business situation for the coming six months.
Great Eastern Q1 profit surges nearly 12 times to $437.6m
Its profit rose from $33.9m from the same quarter last year.
Tycoon increases stake in Raffles Education
Raffles Education shares are at their highest since April 2018.
Keppel's investment in Floatel up to $284m carrying value
It reported a net profit of US$551m in Q1.
Cross-border "compassionate" travel launched between Singapore and Malaysia
Travel may start, beginning May 17.
SIA raises $2b from sales-leaseback transactions
The airline has raised a total of $15.4b in fresh liquidity since 1 April 2020.
Christina Ong appointed chairman of insurance firm Ed Asia Singapore
She brings with her 40 years of experience in the insurance industry.
More Singaporeans to snatch up jobs by year-end: UOB
With joblessness rates falling in the first quarter, UOB Global Economics say things are likely to continue improving.
DBS net profit smashes record $2b high
DBS' net profit doubled in the first quarter of 2021.
Bank loans down for 10th straight month, but recovery in sight
The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.
Technology is needed to reduce the trade finance gap
Trade finance is generally seen as sound finance, underwritten by long-standing practices and procedures. The World Trade Organization (“WTO”) estimates that some 80 to 90 per cent of world trade relies on trade finance. These estimates are made with the acknowledgement of the absence of comprehensive and reliable data on trade finance flows.
Mortgage Master raises $980k for Indonesia expansion
The morgage brokering platform also plans to help Singapore save more than $100m in home loan repayments.
59% of Singaporeans would choose travel over a work promotion
The majority of Singaporean professionals want a getaway from the work-from-home life.
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