DBS says recession 'imminent' for Singapore, slashes GDP growth forecast

DBS Group Research has joined a growing number of economy watchers warning of a full-year recession in Singapore.

Allied Tech halts Malaysia operations, warns of falling sales for next 12 months

CATALIST-LISTED precision engineering firm Allied Technologies is closing its operations in Malaysia from March 18 to March 31 to comply with the government's movement control order.

Yanlord sells out Tuesday's launch of 62 Hangzhou apartments for 792m yuan

MAINBOARD-LISTED Yanlord Land Group Limited sold out its latest launch of 62 apartment units in Hangzhou for an estimated pre-sales total of 792 million yuan (S$162.5 million), the real estate developer said in a bourse filing on Wednesday evening.

Nordic Group wins S$30.4m worth of contracts

MAINBOARD-listed Nordic Group announced on Friday that it had clinched about S$30.4 million in contracts. They will be completed in FY2020 and FY2021 and are not expected to materially impact the company's earnings per share for the current financial year, the systems integration solutions...

Nordic Group wins S$30.4m worth of contracts

MAINBOARD-LISTED Nordic Group announced on Friday that it had clinched about S$30.4 million in contracts. 

Singapore healthcare market set to grow to S$29.8b this year: Fitch Solutions

SINGAPORE’S healthcare market is expected to grow to S$29.8 billion in 2020, 9 per cent more than last year’s S$27.3 billion, and well over double to S$68.7 billion by 2029, a report published on Friday by market insights firm Fitch Solutions has predicted.

Stocks to watch: SIA, Keppel, Khong Guan, Guocoland, Lendlease Reit

THE following companies saw new developments that may affect trading of their securities on Friday:

Credence achieves US$50m first close for VC fund; eyes Series A, B firms in region

SINGAPORE-BASED Credence Partners has hit a first close of US$50 million for its first venture capital (VC) fund.