News
Sembmarine dreads double whammy from pandemic and oil price drop
Sembmarine dreads double whammy from pandemic and oil price drop
They are expecting business activity to remain low.
Most companies prioritise employee safety: survey
This comes as Singapore prepares to return to the workplace.
Daily Briefing: Validus bagged $28.35m in series B funding; SFA launches tender for rooftop farming sites at HDB car parks
And retrofitted SMRT buses to transport patients between facilities.
Daily Markets Briefing: STI down 0.9%
Wilmar International led the gains amongst top active stocks with a 7.91% expansion.
Chart of the Day: Prime grade office rents down 1.1% in Q1
Occupancy rates at new office completions remained muted at below 35%.
Top 5 ESG stocks outpace STI's blue chips
Sheng Siong Group leads the pack with 24% total return.
Razer offers free surgical masks through vending machines
A free mask will be available to residents aged 16 and above.
M1 fibre services down in select areas
Some parts of western, central and eastern Singapore experienced disruptions.
Oil trader ZenRock under more than $850.5m in debt: report
The trader owes $235.45m to at least six banks.
Changi Airport temporarily suspends T4 operations
This will enable the group and airport partners to save on running costs.
OCBC's credit costs to recede after Q1 ‘front-load'
The bank expects to record 100-130bp in cumulative credit costs.
Condo resale volume more than halved in April
But figure should be seen as “encouraging” given that physical viewings are prohibited.
Optimistic times ahead for Wilmar: analyst
Consumer products and its HORECA operations are tipped to improve in Q2.
Fraser & Neave's post-tax profit slid 1.5% to $105.57m in H1
The increase is attributable to strong performance of beverages and dairies in Thailand.
City Developments' sales value nearly halved in Q1
This was blamed on the absence of ultra-luxury sales.
Wilmar's core net profit up 22.5% to $435.19m in Q1
It came on the back of strong performances from consumer products.
Lian Beng nails residential development contract worth $174m
It involves constructing five blocks of flats with 566 units.
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