Singapore
A Guide for Singapore's SMEs: Reading between the lines of the Budget
The Budget provides Singapore SMEs with defence and growth measures – it’s now up to businesses to take them!
A Guide for Singapore's SMEs: Reading between the lines of the Budget
The Budget provides Singapore SMEs with defence and growth measures – it’s now up to businesses to take them!
Medical inflation to rise 9.3% in 2020
Singapore’s demand for health care services continues to outstrip supply.
Raffles Medical's profit dropped 15.2% to $60.27m in 2019
Profits were hit by gestation loss for Raffles Hospital Chongqing.
ST Engineering's profit up 16.9% to $577.95m in FY2019
All of its business segments posted increases in net profit.
DBS converts $758m bank guarantee facility into green facility
Wind turbine maker Siemens Gamesa will issue green guarantees under the facility.
CapitaLand to release one-month security deposit for retailers
It aims to help ease tenants’ cash flows amidst COVID-19.
SPH buys five aged care properties for $65.8m
The assets have a total capacity of 365 beds.
Singapore's fintech investments hit $1.21b in 2019
It is now the fifth biggest fintech market in APAC.
Daily Briefing: Grab reverses plan to cease driver incentives; Kimly acquires food outlets for $55.8m
And Bukit Sembawang Estates sold 64% of units of Luxus Hills Contemporary Collection.
Chart of the Day: Here are the priciest strata office deals in 2019
The most expensive deal is a 29,049 sqft building sold for $2,730 psf.
Daily Markets Briefing: STI down 0.55%
ComfortDelGro saw the sharpest decline amongst top active stocks with a 1.46% contraction.The Straits Times Index ended 17.65 or 0.55% lower at 3,181.03.The top active stocks were DBS, which inched down 0.08%, Singtel, which fell 0.96%, UOB, which slid 0.73%, ComfortDelGro, which dropped 1.46%, and OCBC Bank with a 0.18% slip.The FTSE Mid Cap dipped 0.65% whilst the FTSE Small Cap edged down 0.94%.
Sunseap to install rooftop solar on Boustead Projects' properties
It will also provide energy to the real estate solutions provider’s clients and tenants.
StarHub's profits slid 10.9% to $178.6m in 2019
Lower revenues were reported for the Mobile, Pay TV, and broadband lines.
Wilmar International's profits grew 15% to $1.78b in 2019
Growth was driven by higher profits from the Oils and Oilseeds segments.
HSBC Singapore to give cash management advice to COVID-hit firms
They will also assist clients who need to expedite their manual payment handling.
Gigacover extends COVID-19 coverage to freelancers, GoJek drivers
Income protection policies will cover stay home notices and leaves of absence.
Sembmarine ex-consultant charged in Brazil for money laundering, corruption
He was connected to a consultant engaged by its subsidiaries on contracts with Sete Brasil.
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