News

SGX, AMTD partner to enhance connectivity between financial markets

The collaboration aims to support entrepreneurs through its initiatives.

SGX, AMTD partner to enhance connectivity between financial markets

The collaboration aims to support entrepreneurs through its initiatives.

MPA, NUS pool $50,000 each to fund 12 startups

This will enable startups to conduct prototype development and test solutions.

PMI dips further to 44.7 in April

This is said to be the lowest reading since 2008.

Share buyback considerations hit $36.3m in April

SATS bought back a total of 535,000 shares for $2.93 per share over 1-7 April.

Chart of the Day: Cheap condos dominate Q1 sales to top three foreign buyers

Over half of condos bought by Chinese, Malaysian and Indian buyers were priced below $1.5m.

Daily Markets Briefing: STI down 2.31%

Singtel saw the sharpest decline amongst top active stocks with a 3.89% drop.

Oxley to clinch $1.4b revenue from Singapore projects

It has sold 73% of its islandwide development portfolio.

UOL extends 50% rental rebates to eligible tenants for June-July

The group will reportedly grant over $50m in total relief package for its retail tenants.

CapitaLand Mall Trust's NPI up 5.9% to $148.3m in Q1

But DPU is 70.5% lower as CMT retains part of taxable income to brace for pandemic’s impact.

SATS expects 60-70% profit loss in Q4

The group said it may lose as much as $70m for Q1 2021.

Support grant extended to jobless Singaporeans

Those who lost at least 30% of their salary can receive up to $500 per month.

SPH's Malaysian subsidiary halts operations

It was recording a fall in revenue and circulation over the past few years.

MAS extends scope of loan deferments

Starting 6 May, individuals with specific loans may apply to defer repayments until 31 December.

Chart of the Day: Foreign buyers bought fewer homes in Q1

Potential buyers were not able to visit Singapore to view the properties.

Daily Briefing: Temasek co-leads $142m funding in biotech firm; Jetstar Asia extends flight suspension to 31 May

And four in five Singaporeans tap into vacation memories to deal with work stress.

Daily Markets Briefing: STI up 1.92%

DBS led the gains amongst top active stocks with a 8.72% expansion.