News
Frasers Property profits fall 12.1% to $233.84m in H1
Frasers Property profits fall 12.1% to $233.84m in H1
This is due to lower contributions from projects and low results from hospitality properties.
Hong Leong Asia to buy remaining shares of cement manufacturer
The shares are priced at $1.9 apiece.
Condo rents up 1.8% in April
CCR led the pack as rents rose 2.4% YoY.
Jardine Matheson faces pain in Indonesia
The effect of the pandemic weighed on its local automotive distribution unit.
Societe Generale extends one-off payment to SIA short DLC holders
The DLC lost its value after price adjustments were made to offset share dilution.
Singapore to test more than 300,000 migrant workers
The government plans to ramp up the 3,000 workers tested per day.
Circuit breaker measures to ease on 1 June if cases stay low
Measures such as social distancing will still remain after.
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.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape