Passenger traffic at Changi Airport up 5.7% in 1H 2017
In the first half of this year, Changi Airport handled 5.7 per cent more passengers year-on-year at 30.4 million, boosted by growth to and from South-east Asia, North-east Asia and South Asia.
SGD rallies to year-high of 1.3565 against USD after FOMC statement
The Singapore dollar rallied on Thursday to a year-high of 1.3565 against the greenback following an overnight dovish statement from the US Federal Reserve Open Market Committee (FOMC) which left interest rates unchanged.
IE Singapore launches Plug and Play Network to help SMEs go regional
IE Singapore on Thursday announced the launch of its Plug and Play Network across India, China and South-east Asia.
SGX mulls over allowing dual-class shares for secondary listings: sources
The Singapore Exchange (SGX) has held discussions with market stakeholders on the possibility of allowing dual-class shares for secondary listings, market sources told The Business Times.
Prices, rentals of industrial space in Singapore continue to moderate in Q2
Prices and rentals of industrial space in Singapore continued to moderate in the second quarter of 2017, JTC said on Thursday in its quarterly market report.
New initiatives to develop trusted data ecosystem in Singapore
The Personal Data Protection Commission (PDPC) has embarked on a series of new initiatives to develop a trusted data ecosystem in Singapore, said Minister for Communications and Information Yaacob Ibrahim on Thursday.
CWT seeks update from HNA on S$1.4b takeover offer
CWT Limited has sought an update from Chinese conglomerate HNA Holding Group on the latter's S$1.4 billion privatisation offer for the Singapore-listed logistics group.
Aspen's IPO 7.8 times subscribed
Aspen (Group) Holdings, a Malaysia-based property developer, on Thursday announced that its initial public offering of new shares was 7.8 times subscribed.
Corporate Earnings
- OCBC's Q2 profit up 22% to S$1.08b
- AA Reit's Q1 DPU slips 10%
- CRCT's Q2 DPU marginally up
- SGX Q4 earnings rise 10.9% to S$85.2m
- Sembcorp Marine Q2 profit halves to S$5.6m
- China Aviation Oil's Q2 profit up 4%
The STI Today
Singapore shares close higher, extending rally
Singapore shares extended gains on Thursday, boosted by a strong start to domestic banks' earnings and strong results on Wall Street.