News
Utico lobbies to pay Hyflux creditors with equity
The initial cash offer did not gain support from creditors.
Utico lobbies to pay Hyflux creditors with equity
The initial cash offer did not gain support from creditors.
Business receipts down 1.1% in Q1
The recreation and personal services industry led the fall amongst sectors.
Stable playing field a gain for Singapore banks: report
High credit costs can be covered by profits.
Manufacturing output up 13% in April
This is largely attributed to the pharmaceuticals segment which grew 141.3%.
IEA appeals allowing on-site viewing of property units
The industry is said to suffer further losses if suspension extends beyond 2 June.
Singtel's Indian unit divests 2.75% stake for $1.63b
Bharti Group and Singtel will continue to own 56.23% in Bharti Airtel.
Daily Markets Briefing: STI up 1.22%
CityDev led the gains amongst top active stocks with a 3.66% expansion.
Chart of the Day: Tenant sales of local malls slowed in Q1
Suburban malls seem to be holding up better.
Daily Briefing: Authorities move on 'anti-competitive activity' on fuel retailers; Warburg Pincus to increase stake in ARA Asset Management
And Carousell to help SMEs digitise business.
Fiscal deficit totals $74.3b: DPM Heng
This follows after Singapore unveiled the $33b “Fortitude” budget.
Inflation slips 0.3% in April
The pandemic and measures implemented impacted the collection of prices.
Singapore crowned as best city in managing post-COVID-19 era
The city-state came first as well with the lowest change in unemployment rate.
ComfortDelGro profits fell 48.9% to $36m in Q1
This is due to the decline in revenue from public transportation services and taxis.
NODX up 5.8% in Q1
Non-electronic exports countered the lower exports seen on electronics.
Singapore to move on second phase of reopening by end of June: report
Government plans to continue testing the population.
DBS approves loans worth $1.1b for micro, small businesses
Interest rates of Enterprise Singapore financing schemes averaged 2-3%.
CapitaLand launches eCapitaMall and Capita3Eats in Singapore
Both the e-commerce platforms will be publicly accessible from 1 June.
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