News

Wilmar's profits grew 25.4% to $1.58b in 2017

Oilseeds & Grains profit rose to $272.33m thanks to stronger sales.

Wilmar's profits grew 25.4% to $1.58b in 2017

Oilseeds & Grains profit rose to $272.33m thanks to stronger sales.

Chart of the Day: Expected hotel supply to fall in three years

The government is deliberately slowing hotel development after supply overflowed before 2017.

S-REIT index funds to lure capital after tax disclosure changes

Analysts project higher demand for S-REITs after prices dropped 8-9% in January.

Sheng Siong profits climbed 11.4% to $69.79m in 2017

The opening of its new stores contributed the most to its revenue of $829.88m.

UOB discretionary portfolio assets tripled in 2017

It identified client segments that preferred DPM solutions for their investments.

Standard Chartered's Singapore-based operations to merge with local unit

This will triple its assets and add its large banking businesses.

Nearly $5m of statutory bonds to expire in 2021

Outstanding bonds are now around $26.7b.

MAS likely to tighten monetary policy: analysts

They were encouraged by Finance Minister Heng Swee Keat’s statement that the budget position for 2018 will remain expansionary.

What now for Sembcorp Marine after first loss in over a decade?

The shipbuilder reported wider than expected losses which could refloat privatisation rumours.

COE prices fell across all categories in February

Premiums for motorcycles dipped the lowest by 9.3% to $7,667.

MAS to limit OTC derivatives trading to bourses

The rules will cover popular derivatives like interest rate swaps.

The ship is sinking: Sembmarine lost nearly $35m in Q4

The poor performance of its rigs business pulled revenue down by 41.8%.

Digital products to boost Singapore GDP by $13.2b

Bosses are seeing greater profits and productivity after their firms upgraded to digital.