Singapore Wrap Friday

Business Prospects

Manufacturing firms are looking a little less optimistic about the second half of 2015, according to a quarterly Economic Development Board (EDB) survey report released on Friday.

Firms in Singapore's services sector remain as upbeat about their short-term business prospects as they were a quarter ago. On a year-ago basis, however, optimism has dropped far lower.

Noble Group extends worst rout since 1999 amid SGX warning

Noble Group Ltd plunged to extend its biggest monthly drop in 16 years after the Singapore bourse issued a warning on the company's shares amid a slump in commodity prices.

Singapore June bank lending at 5-month high on construction loans

Singapore's total bank lending in June hit a five-month high on a rise in loans to the building and construction sector, as well as general commerce, central bank data showed on Friday.

LTA hands over Bulim Bus Depot to Tower Transit Singapore

The Land Transport Authority (LTA) on Friday handed over the Bulim Bus Depot to Tower Transit Singapore which will operate 26 bus services out of the depot from mid-2016. The depot is located off Jurong West Avenue 2 and spans almost 10 hectares.

Corporate Earnings

The STI Today

Singapore shares close 1.5% lower on Friday

Singapore shares closed lower on Friday with the key Straits Times Index losing 47.02 points or 1.45 per cent to 3,202.5.