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Singapore Wrap Monday

Today's notable stories

DBS Group Holding, Southeast Asia's largest lender, posted higher first-quarter profit as net interest income increased.

DBS Earnings

Other Corporate Earnings

Passenger numbers at Changi Airport down 0.9% in Q1

Passenger movements at Changi Airport slid 0.9 per cent to 13.1 million in the first quarter of this year, compared with the same period last year, on the back of softer traffic across most regions.

FCOT to acquire Melbourne office building for A$222.5m, develop hotel in Singapore's China Square Central

Fraser Commercial Trust (FCOT) has entered into a conditional sale and purchase agreement with Australand Property Holdings to acquire a commercial property in Melbourne for A$222.5 million (S$232 million).

BHP faces A$522m tax bill on Singapore marketing hub

BHP Billiton is contesting A$522 million (S$544.8 million) in Australian tax bills on its Singapore marketing operations up to 2010, after having paid almost no tax in Singapore since 2006, the global miner told an Australian Senate panel.

Singapore: Rises in Singtel and UOB push STI into the black

The Straits Timex Index kicked off the week with a 2.85-point gain at 3,515.85 on Monday, thanks mainly to strong gains in Singtel and UOB.


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