News

Yangzijiang Shipbuilding’s independent director to assist in Tee International probe

Tee International is under investigation for potential listing rule breaches.

Yangzijiang Shipbuilding’s independent director to assist in Tee International probe

Tee International is under investigation for potential listing rule breaches.

Starhub kicks off six-year deal with Premier League

Full pricing details for consumers will be unveiled in June 2022.

SIA Engineering profits fly to $33.2m in Q3 2021/2022

The flight volume at 31% of pre-pandemic was still considered encouraging.

SG-France submarine cable system construction begins

It is expected to be completed by Q1 2025.

Great Eastern posts 16% increase in net profit in 2021

This translates to a total net profit of $1.1b.

STI gains 9.8% in 2022 YTD

The index is also recognised as the strongest APAC benchmark in the 2022 YTD.

Gov't extends support package for aviation's digital transformation

The package is likely to include cost relief and salary support measures.

Who are eligible for the $500m Jobs and Business Support Package?

The package consists of the Small Business Recovery Grant and the Jobs Growth Incentive.

How will the property tax hike affect the residential market?

As outlined in the 2022 Budget, property tax will increase in 2024.

Chart of the Day: Rate of Singapore GST hike over the years

The hike implementation originally scheduled in 2022 was moved to 2023.

Market update: STI up 0.16%

Frasers Logistics & Commercial Trust was seen with the most growth.

Carbon tax hike to leave massive economic impact: banks

Power generation, manufacturing, transport industries will be the most impacted.

Elite Commercial REIT hits 22.3% DPU growth

It has outperformed IPO projections for eight consecutive quarters.

Raffles Medical Group’s H2 2021 net profit declines 7.2% to $44.88m

This is despite a 16.3% increase in its revenue during the same period.

Safran Electronics & Defense Services Asia expands scope of repairs

The move was done in anticipation of traffic recovery in Singapore.