The services sector sees conditions worsening over the next six months, when compared with the previous six months, but the mood is slightly better than when it hit a low a quarter ago.
OSIM International founder Ron Sim is on the verge of privatising his company, with his family having acquired, agreed to acquire, owned or controlled 90.64 per cent of OSIM's shares as at Thursday.
Amol Gupte has been appointed Citi country officer for Singapore and head of Asean; he will relocate to Singapore and continue to report to Francisco Aristeguieta and participate in the Asia Pacific Operating Committee.
Transport operator SMRT Corporation is working with authorities to see how it can speed up upgrading works for the power capacity on its main rail lines.
Singapore's total bank lending in March fell from February due to declines in loans to general commerce and financial institutions, central bank data showed on Friday.
The disclosure was made in response to a Singapore Exchange query on Thursday after an unusual spike in NeraTel's share price.
The Ministry of Trade and Industry (MTI) on Friday announced board appointment changes at four statutory boards.
- Biological assets and foreign exchange gains boost Indofood Agri's Q1 net profit
- CDL Hospitality Trusts Q1 DPU down 9% from a year ago at 2.22 Singapore cents
- Frasers Hospitality Trust Q2 DPS down 3.6% to 1.33 Singapore cents on enlarged share base
- MLT posts lower Q4 DPU on higher fees and expenses
The STI Today
The two central bank meetings this week were supposed to be non-events - the US Federal Reserve was expected to keep interest rates steady while expressing caution about the state of the US economy, while the Bank of Japan (BOJ) was expected to announce more monetary stimulus to revive its flagging economy.