You are here
Singapore Wrap Thursday
- Singapore inflation unchanged at -0.3% in March; fifth month in negative territory
Singapore's headline inflation rate stayed negative for a fifth month running in March and core inflation eased, as food inflation was lower and accommodation and private road transport costs continued to fall.
- Quick takes: What Singapore's -0.3% March inflation says about inflation outlook
- Industrial rents recover slightly in Q1 even as occupancies slip
- Jump in redundancies amid restructuring in 2014: MOM
- Sheng Siong's Q1 profit up 12% on improved revenue, gross margin
- Frasers Commercial Trust's Q2 distribution income rises 17%
- China Aviation Oil's Q1 profit falls 27% to US$14.4m
- Suntec Reit's Q1 distributable income rises 10.1% at S$56m
- A-Reit's Q4 DPU up 4.5% at 3.71 Singapore cents as occupancy improves
OCBC expects to double its revenue from its regional business of its SME (small and medium enterprise) and mid-cap clients within three years, as it opened its first branch in Myanmar on Thursday, a senior executive said.
The S$18 million hongbao given to 18,000 DBS employees came from senior managers' bonus pool, said Peter Seah, chairman of DBS Group Holdings, on Thursday.
The Maritime and Port Authority of Singapore (MPA) has inked a S$2.42 billion deal to develop the first phase of the upcoming Tuas Terminal, it said in a statement on Thursday.
A quiet session at Singapore Exchange on Thursday ended with the Straits Times Index (STI) 6.51 points firmer at 3,502.75 but with a weak broad market that recorded 195 rises versus 277 falls, excluding warrants.