News

CapitaLand Q3 profits jumped 13.6% to $362.22m

The increase was due to higher operating income and gains from asset recycling.

CapitaLand Q3 profits jumped 13.6% to $362.22m

The increase was due to higher operating income and gains from asset recycling.

SGX to launch new securities settlement and depository system

It will cut its securities settlement cycle from three to two days.

HDB rents rose 0.3% in October

Rents for HDB three-rooms grew 1%.

Private condo rents dipped 0.7% in October

Rental volumes fell 1.7% to 4,207 rented units.

SIA Q2 profits dropped 80.9% to $56.4m in Q2

It blamed a 40% increase in jet fuel costs and share losses from Virgin Australia.

Chart of the Day: See how TPG's entry could impact incumbents' mobile service revenue

Singtel could be an outlier as its EBITDA could expand through higher associate earnings and lower group digital life losses.

Daily Markets Briefing: STI down 0.47%

Wall Street's muted performance could keep the local sentiment cautious today.

UOL profits plummeted 85% to $92.81m in Q3

Revenue from property development crashed 43% to $164.96m due to the completion of some projects.

MAS to set up $6.90b fund for PE and infrastructure investments

It is geared towards PE and infrastructure fund managers that are deepening or establishing their Singapore presence.

HDB launches over 7,000 flats for sale

Prices range from $87,000 for a two-room Flexi SBF unit to $472,000 for a five-room BTO flat.

ComfortDelGro's earnings to turn up in Q4 onwards as rail riders increase: analyst

Its $138m corporate venture fund and 4.3% fare hike effective December may boost revenue.

Golden Agri-Resources hit by $74.51m loss in Q3

Revenue from the oilseeds segment dropped 23.2% to $499.93m.

Oxley's Q1 profits plummet 83% to $8.06m

It blamed lower revenue contribution from projects in Singapore and overseas.

StarHub's frontloading of migration costs could help rebound in 2020: analyst

The telco could see $30m savings annually as it cuts its cable services.

Sunseap to build five-hectare offshore floating solar system along Straits of Johor

The system will reduce 26,000 tonnes in greenhouse gas emissions once operational in 2019.