News
SIA's passenger load factor hit 9.1% in April
SIA's passenger load factor hit 9.1% in April
Its main airline’s skeletal network only includes routes to 14 metro cities.
DFS Group exits Changi Airport's liquor concession
South Korea-based Lotte Duty Free will take over the concession.
Chart of the Day: Resales of small HDB flats slipped 10% in Q1
Resale transactions for larger flats declined by a smaller magnitude.
Daily Markets Briefing: STI up 0.05%
SIA led the pack amongst top active stocks with a 2.36% jump.
Daily Briefing: Perennial Real Estate says AXA Tower shareholder loan amounts to $364.7m; Spark Systems raises $21.39m in series BB funding
And Temasek joins Facebook’s global payments system Libra.
Singapore Airlines posts $212 million loss for the full year
The shutdown of international travel, and a fuel price hedging gamble, have put the pressure on Singapore's national carrier.
Analysts warn Sembcorp privatisation may be off the table
DBS says a yard merger via share swap or asset injection into SMM is more likely.
Property investments down 78% YoY to $613.79m in Q1: study
The number of deals crashed 32% during the quarter.
Daily Briefing: Johor government to establish investment firm in Singapore; Travecta Therapeutics bags $21.32m in series A funding
And FoodRazor snags $1.28m seed funding.
Daily Markets Briefing: STI down 1.93%
SIA saw the sharpest decline amongst top active stocks with a 4.75% contraction.
What do Singaporeans look for in a brand?
Not taking advantage of a crisis was regarded as the top attribute.
Olam's PATMI grew 6.1% to $179.1m in Q1
It was thanks to gains from selling their stake in Far East Agri.
POSB opens 41,000 accounts for migrant workers
This follows the advisory from the Manpower Ministry to pay salaries electronically.
Golden Agri-Resources sinks to $135m net loss in Q1
Its earnings shrank following the new crude palm oil export tax and levy.
Sasseur REIT's rent income down 17.1% to $25.46m
Combined sales of its outlet mall in China dropped 55.7%.
Over 280,000 tonnes of gasoline stored on Singapore, Malaysia waters
This is on top of 1.96 million barrels of jet fuel now on water.
Genting's EBITDA plunged 55% to $146.89m in Q1
Its flagship property Resorts World Sentosa took a severe hit from the pandemic.
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