Singapore
Jardine C&C's net profits skyrocketed 111% to $1.20b in 2019
Growth was anchored by its automotive arm Astra.
Jardine C&C's net profits skyrocketed 111% to $1.20b in 2019
Growth was anchored by its automotive arm Astra.
SPH REIT to provide assistance scheme for tenants
Tenants will be allowed to operate for shorter hours.
Olam's FY2019 profits soared 62.2% to $564.16m
Higher contributions from cocoa, grains, and animal feed businesses drove the gains.
Golden Agri Resources back in the black with $270.60m profits in 2019
The removal of export levies in Indonesia lifted its palm and laurics segment.
Starhill Global REIT implements COVID-19 measures for retail tenants
They will receive rental rebates and marketing assistance.
Daily Briefing: Vena Energy floats first USD green bond; Blockchain firm PLMP secures Cambodian licence
And Funding Societies has partnered with SGeBIZ to boost capital access.
Daily Markets Briefing: STI down 0.19%
CapitaLand saw the sharpest decline amongst top active stocks with a 0.82% contraction.
Chart of the Day: Singapore's merchandise exports dipped 4.2% YoY to $532.51b in 2019
Majority of the export trading volume went to China.
SGX RegCo gives two-month extension for AGMs
Issuers will be allowed to hold AGMs for their 2019 results until 30 June.
Business receipts in services sector climbed 4.6% in Q4 2019
Revenues in the transport & storage services industry grew 5.6%.
Pan Pacific Hotels Group named Team of the Year at SBR Management Excellence Awards
This year, the sales and marketing team was recognised twice for its best-in-class influencer marketing. Pan Pacific Hotels Group owns and manages nearly 50 hotels, resorts and serviced suites, including those under development in 29 cities across Asia Pacific, Europe and North America.
SBR National Business Awards 2020 is now open for nominations
Submission of entries ends on 22 May, Friday.
138-room The Porcelain Hotel for sale at $115m
The EOI exercise will close on 27 March 2020.
DBS launches portfolio advisory tool to manage investments
It generates an assessment of a client’s portfolio in less than five minutes.
Face mask stocks nearly doubled in online stores
The inventory surged by 173% in early February.
Biotech firm's COVID-19 detection kit greenlighted for launch
It can now be used directly by laboratories or hospitals to test patients for clinical diagnosis.
BreadTalk waits on notice to repay notes in financial covenant breach
The covenant involves $100m 4% fixed rate notes.
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