News
Prime US REIT to raise $168.04m from private placement
Prime US REIT to raise $168.04m from private placement
This will fund its acquisition in California.
UOB's net profits up 8% to $4.32b in FY2019
A final dividend of $0.55 and a special dividend of $0.20 was as recommended.
Singapore trails New Zealand in ease of doing business
It had the best environment for enforcing contracts.
DBS to give abridged Q1, Q3 financial disclosures
These updates will supplement the half-year and full-year reports.
UOB to launch digital bank in Indonesia
TMRW is on track to be marginal profit positive in five years.
ComfortDelGro tops up rental rebates by $10m
Its cabbies will receive a daily rebate of $16.50 until March, and $10 in April.
OCBC's net profits up 34% to $1.24b in Q4 2019
Core net profit leapt 10% to $4.9b in FY 2019.
OUE profits soared to $255.22m in FY2019
Its profits were boosted by contributions by Gemdale Properties and Investment.
Household income inequality fell to eight-year low in 2019
Median household income rose 1.4% to $9,425 in 2019.
Daily Briefing: Life3 Biotech to build agri-food facility; Demand for sanitisers, thermometers on the rise
And WhatsHalal raises funds in its latest seed round.
Chart of the Day: District 8 leads shophouse sales in 2019
These shophouses may have been popular to investors given its development potential.
Daily Markets Briefing: STI down 0.47%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 1.97% contraction.
Three in five employees expect raise by year-end
Some employers may try to meet the younger generations’ expectations to retain talent.
Rental rebates will hit ComfortDelGro's FY2020 earnings
The taxi rebates will cost CDG about $9m.
Nearly half of businesses to give out 3% raises in 2020
But employees stated that salary hikes and compensation will not make them stay.
OUE Lippo Healthcare reversed to $3.24m profit in 2019
The inclusion of its interest in First REIT boosted the profits from its investees.
CapitaLand offers rental relief to COVID-19-affected retailers
This is on top of the $10m marketing assistance programme to retailers.
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