News
SIA's profits may continue descent as passenger yields lose altitude
It was also hit by a 24% YoY hike in jet fuel costs.
Retail rents in hyper-expensive Singapore are still cheaper than Hong Kong
Leasing costs are at US$308 psf per year.
Chinese business to extend CapitaLand's winning streak in Q4
It expects to recognise around $1.27b of revenue from China by Q4.
ST Engineering positions for growth as aerospace unit takes flight
Aerospace sales are poised to grow by 26.2% in 2019.
Wilmar set to weather through trade jitters
It is poised to be the largest downstream player in palm oil processing.
MAS mulls new fintech sandbox with faster approvals
Approval decisions for applications will be granted within 21 days.
Daily Markets Briefing: STI down 0.34%
Expect little gains today.
Daily Briefing: Nearly 10,000 broadband users hit by outage; Keppel Land unveils AI-powered home
And EDBI has pitched in for the latest funding round of a US startup.
Chart of the Day: Commercial property sales hit $2.2b in Q3
One notable transaction was the $908m sale of OUE Downtown's office component.
SGX ties up with Bank of China and CFETS to globally promote bond indices
SGX will be the first exchange to distribute bond indices outside China.
Medical inflation in Singapore to hit 10% in 2019
Cancer and cardiovascular issues are pushing the medical plan costs up.
9 in 10 Singapore family businesses positive on growth
But only 8% have a formalised succession plan for their next generations.
Olam International Q3 profits fell 14.2% to $20.7m
It blamed tough trading conditions in coffee and weaker performance from its peanut business and commodity financial services.
Golden Wall Centre up for collective sale at $260m
It could be transformed into a mid-sized hotel development.
CapitaLand Q3 profits jumped 13.6% to $362.22m
The increase was due to higher operating income and gains from asset recycling.
SGX to launch new securities settlement and depository system
It will cut its securities settlement cycle from three to two days.
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