News

SingPost's post-tax profit jumped 228.8% to $88.28m in FY2020

The increase is attributable to the absence of losses from US businesses.

SingPost's post-tax profit jumped 228.8% to $88.28m in FY2020

The increase is attributable to the absence of losses from US businesses.

Mauritius court appoints liquidator for Singtel's HOOQ

This comes after HOOQ commenced a creditors’ voluntary liquidation on 27 March.

OCBC's Q1 profit plunges 43% YoY to $698m

Banking and insurance operations suffered tremendous losses.

Do fintechs need better marketing strategies?

Singapore now houses hundreds of fintech companies, ramping up competition.

Chart of the Day: Prices of long tenure multiple-user factories up 2.1% in Q1

The industrial property segment saw very slight changes in median prices.

MIT could lose 10-20% of tenants if circuit breaker tightens

Its management estimates that 10% might seek rent deferrals.

SPH REIT to grant full rental waiver to retail and medical tenants

A rental relief of 30% will be given to eligible office tenants.

Government rolls out temporary relief measures for property developers

It extended the completion period of residential, commercial and industrial projects.

Chart of the Day: Retail property vacancy rate widened to 8% in Q1

The take-up of some of the new retail projects was slow during the quarter.

Daily Markets Briefing: STI up 0.75%

SIA saw the sharpest decline amongst top active stocks with a 25.55% fall.

DBS prices first SORA-based floating rate notes

The notes have a notional amount of $20m (US$14m).

IBM, IMDA, M1, and Samsung launch 5G industry trial

The trial aims to develop solutions that can be applied across industries.

SATS' earnings will bounce back at a slow pace: analyst

The closure of Changi’s Terminal 2 is also bound to hit the firm in the coming months.

NOVI Health brings holistic approach to lifestyle-based illnesses

Its team of medical specialists, dietitians, and fitness coaches offers lifestyle interventions.