News
OCBC's credit costs to recede after Q1 ‘front-load'
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.
PUB, Sembcorp inked 25-year power purchase agreement
The plan is to build a floating solar PV system on Tengeh Reservoir.
Daily Briefing: Entropica Labs snags $2.6m in seed funding; Parts of Singapore racecourse to be converted into recovery facilities
And IKEA’s first small-store concept in SEA to open at Jem.
Daily Markets Briefing: STI up 0.75%
AEM led the gains amongst top active stocks with a 2.92% expansion.
Chart of the Day: HDB resale prices tipped to decline 1.3% in 2020
This may be attractive to some buyers looking for cheaper homes amidst uncertainties.
SGX Mainboard lifts minimum trading price rule
MTP watchlist companies are no longer required to satisfy exit criteria.
Temasek eyes stake in Virgin Atlantic Airways
The carrier seeks to avoid collapse as it pitches to potential investors.
Elite Commercial REIT's profit hit $684,550 in Q1
Distribution per unit is $0.01 for the quarter.
SIAEC's profits rose 20.4% to $193.8m in FY2019-2020
It saw $3.3m higher contributions from its engine and component segment.
Hummingbird Bioscience bags $35.3m in series B funding round
SK Holdings led the series B extension as a new investor.
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