News

Chart of the Day: ECs snap up 45% of developer home sales in April

Some projects like Verandah and Rivercove Residences have sold 80% of units within one day.

Keppel O&M to build suction hopper dredgers for Van Oord

The two dredgers are expected to be completed in Q4 2020 and Q2 2021 respectively.

This Singapore bank is best-placed to cash in on the property boom

It has the greatest percentage share exposure to housing loans at 27.6%.

Singapore investors ramp up cross-border commercial real estate activity in Q1

Trade volumes in the Singapore to Australia routes ballooned 141% to $3.5b.

SIA Engineering full-year profits crashed 44.61% to $184.1m

It sold its 10% stake in Hong Kong Aero Engine Services.

Property pickup buoys Singapore banks' glowing growth prospects

Housing and bridging loans are expected to receive a boost from the price boom.

ThaiBev half-year profits down 35% to $387.25m

The weak performance of its spirits and beer businesses pulled profits down.

Keppel sells 5 jackup rigs to Borr Drilling for $1b

It expects 1 rig to be delivered in 2019 and 4 others in 2020.

Chart of the Day: Can Singapore banks handle credit growth in 2018?

Loan/deposit ratios remained below 100%, allowing the banks to accommodate credit growth.

Daily Briefing: Carousell to launch digital wallet; Singapore-grown SEA's e-commerce losses doubled

And here's what you could have missed on Noble's debacle with shareholders and creditors.

GIC, Frasers Property, and JustCo invest $237.89m to develop co-working spaces

The investment will help JustCo expand into eight other Asian countries.

Wilmar looks to rice and flour to offset soybean business weakness

It is looking to grow its rice and flour segment, which accounts for 10% of the oilseeds and grains.

ERA Realty Network launches Grab-like feature for property agents

Users can search and choose online agents that they can connect with in real time.