Old Chang Kee 'not related' to football club probe, says curry puff maker

HOMEGROWN food chain Old Chang Kee has maintained that it is "not related" to the ongoing turmoil sweeping Singapore's football scene, even as one of its independent directors is being investigated by the police...

Singapore headline inflation up 0.7% in March

PRICES in Singapore rose at the same clip for March, brought on by rising prices abroad and weakening wage pressures at home.

Ascott Reit Q1 DPU down 0.24 cent to 1.51 cents

ACQUISITION of a New York hotel last year has helped lift Ascott Residence Trust's (Ascott Reit) topline for the first three months of financial year 2017, but weighed on its distribution per unit (DPU) and gross profit...

Rickmers Maritime sells entire fleet for US$113m

DISTRESSED business trust Rickmers Maritime has managed to sell its entire fleet of 14 containerships at a less-than-expected US$113 million. None of that sum is expected to go to unitholders.

Singapore banks' loans growth to stay subdued, NPL ratios to rise: BMI Research

LOANS growth for Singapore banks will be subdued in the coming months, while non-performing loan (NPL) ratios will creep up, said BMI Research.

Navios Maritime Partners to buy Rickmers' entire fleet for US$113m

NAVIOS Maritime Partners L P (Navios Partners) has thrown distressed Singapore-listed trust Rickmers Maritime a lifeline by agreeing to buy its entire fleet in a US$113 million deal.

Singapore shares open 0.3% higher on Friday

SINGAPORE stocks rose slightly on Friday morning as the US indicated overnight that tax reforms were gathering pace.

Stocks to watch: Ascott Residence Trust, Frasers Commercial Trust

THE following companies made announcements that may affect their share price on Friday.

Frasers Commercial Trust Q2 DPU rises 0.06 cents to 2.51 cents

THE manager of Frasers Commercial Trust reported a rise in distribution per unit (DPU) of 0.06 Singapore cents to 2.51 cents for the second quarter of financial year 2017, when compared to a year ago.

Ascott Residence Trust Q1 DPU slips 0.24 cents to 1.51 cents (Amended)

ASCOTT Residence Trust's distribution per unit (DPU) fell by 0.24 Singapore cents from a year ago to 1.51 cents for the first quarter of financial year 2017, even as gross revenue and revenue per available unit (RevPAU) rose...

Frasers Centrepoint's Australian arm seals deals on Sydney hotel, commercial space

THE Australian arm of Singapore-listed Frasers Centrepoint Limited, together with a joint venture partner in a Sydney Central Park development, has entered into option agreements with an impact investment fund on the sale of a hotel and commercial space in Sydney.

Ziwo associate, partners to invest 10m yuan in electric-vehicle chargers venture

AN associate company of mainboard-listed Ziwo Holdings and its partners will invest 10 million yuan (S$2 million) in a joint venture to build electric-vehicle chargers for sale in Sichuan and other provinces in southern China.

Norwegian to launch low-cost Singapore-London flights in Sept (Amended)

LOW-COST airline Norwegian plans to start non-stop flights between Singapore's Changi Airport and London Gatwick Airport on Sept 28 this year, Changi Airport Group said in a release on Thursday. This is expected to make it the second low-cost service by any carrier from Singapore to Europe...

Singapore shares open marginally lower on Thursday

SINGAPORE stocks fell slightly on a muted Thursday morning as Asian markets opened mixed.

Stocks to watch: Frasers Centrepoint, Global Yellow Pages, Ziwo

THE following companies saw new developments that may affect their share prices on Thursday.

Ziwo associate, partners to invest 10m yuan in electric-vehicle chargers venture

AN associate company of mainboard-listed Ziwo Holdings and its partners will invest 10 million yuan (S$2 million) in a joint venture to build electric-vehicle chargers for sale in Sichuan and other provinces in southern China.

Court sees some grounds for GYP to appeal in copyright infringement case

SINGAPORE'S Court of Appeal sees two grounds for the publisher behind the Yellow Pages directories to file an appeal against an earlier High Court judgement that there was no copyright infringement on its works by its rival...

Frasers Centrepoint's Aussie arm seals deals on Sydney hotel, commercial space

THE Australian arm of Singapore-listed Frasers Centrepoint Limited, together with a joint venture partner in a Sydney Central Park development, has entered into option agreements with an impact investment fund on the sale of a hotel and commercial space in a Central Park precinct.

S'pore retains 10th spot in FDI Confidence Index

BETTER economic outlook led to investors retaining Singapore at the 10th spot on the 2017 AT Kearney Foreign Direct Investment (FDI) Confidence Index, even if political uncertainties wavered their confidence.

CCT's DPU up as CapitaGreen boosts Q1 performance

ATTAINING full ownership of CapitaGreen, an office tower along Singapore's Market Street, late last year drove CapitaLand Commercial Trust's (CCT) first-quarter results higher...

Keppel Reit appoints Penny Goh board chairman

THE chairman of the board of directors at Keppel Reit Management, Chin Wei-Li, will be resigning this week, with non-executive and independent director of the manager Penny Goh taking over.

Singapore retains 10th spot in FDI Confidence Index

THE 2017 A T Kearney Foreign Direct Investment (FDI) Confidence Index puts Singapore in 10th position this year - a ranking it retained from last year. Singapore took the 15th spot in 2015.

ST Electronics wins Sri Lankan cyber security contract

SINGAPORE Technologies (ST) Electronics has won a contract with a Sri Lankan government agency to provide consultancy services for the country's first National Cyber Security Operations Centre...

Singapore shares open 0.42% down on Wednesday

SINGAPORE stocks slid on Wednesday morning, echoing similar movements in Asian markets elsewhere that were spooked by political uncertainties.

Stocks to watch: CapitaLand Commercial Trust, Ezra, Healthway

THE following companies saw new developments that may affect their share price on Wednesday.