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Singapore key tech stocks' returns hit 23% YTD

17 May 2019 - Singapore Business Review
These stocks include Venture Corporation, NetLink NBN Trust and Hi-P International. Singapore's key tech stocks hit an average total return of 23% YTD which reverses a 22% decline in the previous year, according to SGX. These top stocks are identified to be Venture Corporation, NetLink NBN Trust, Hi-P ...

Total return of Singapore's key tech stocks hit 23% in average YTD returns

17 May 2019 - Singapore Business Review
These stocks include Venture Corporation, NetLink NBN Trust and Hi-P International. Singapore's key tech stocks hit an average total return of 23% YTD which reverses a 22% decline in the previous year, according to SGX. These top stocks are identified to be Venture Corporation, NetLink NBN Trust, Hi-P ...

Geylang Serai Dazzles with close to 50 Light Installations for Hari Raya Light Up 2019

17 May 2019 - ACN Newswire
Geylang Serai will be bathed in a sea of colourful lights from 3 May to 16 June 2019 as Hari Raya Light Up 2019 returns with a visual feast of close to 50 light installations.Continuing the theme of "Celebrating the kampung spirit", the annual event lines the streets of the Malay enclave with displays ...

Singapore lags San Francisco and Tokyo in world innovation rankings: study

17 May 2019 - Singapore Business Review
Its high level of foreign direct investment has boosted its score. Singapore was hailed as the third most innovative country behind San Francisco and Tokyo, according to a study by JLL, which is scored based on a city’s innovation capacity and the relative strength of its talent pool. Innovation is based ...

NODX slipped 10% in April

17 May 2019 - Singapore Business Review
Electronic NODX contracted 16.3%. Non-oil domestic exports (NODX) fell 10% YoY in April as both electronic and non-electronic exports decreased, according to Enterprise Singapore. The latest headline figure extends the 11.8% YoY decline in March. On a MoM seasonally adjusted basis, NODX dipped 0.6% to ...

Fewer Singaporeans putting misleading resume data as background checks rise

17 May 2019 - Singapore Business Review
Overall discrepancy rates fell to 18.3% in 2018 from 20.1%. The gap between the information on the documents submitted by candidates in Singapore versus official records fell by 2.5% in 2018 amidst intensified background checks by employers, according to a survey from HireRight. Employment checks emerged ...

SATS profits down 5% to $248.4m in FY1819

17 May 2019 - Singapore Business Review
Earnings per share fell to $0.223. SATS ended its FY1819 on a dismal note as profits dipped 5% YoY to $248.4m from $261.5m due to lower one-off gains. Meanwhile, revenue grew 6% to $1.82b over the same period. In Q4, profits fell 23.7% YoY to $49.9m from $65.4m whilst revenue grew 11% to $471.5m from ...
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Utico calls on PUB to delay Tuaspring takeover

17 May 2019 - Singapore Business Review
The firm’s CEO said that this will help them enter a smooth transaction with the struggling water company. Hyflux’s Middle Eastern white knight UAE-based utilities firm Utico has sent a request to the Public Utilities Board (PUB) to postpone the upcoming takeover of the Tuaspring desalination plant on ...

HDB tenders Canberra Link executive condo

17 May 2019 - Singapore Business Review
This marks the first EC launch of the year. The Housing and Development Board (HDB) launched an executive condominium site at Canberra Link for sale by public tender today, under the Confirmed List of First Half 2019 Government Land Sales (GLS) Programme. According to a press release, the site can potentially ...

SIA profit crashed 47.5% to $682.7m in FY19

17 May 2019 - Singapore Business Review
Rising expenses from steep fuel costs hit earnings. SIA’s full year earnings plunged 47.5% YoY from $1.3b in 2018 to $682.7m, dragged down by lower operating profit and higher non-operating costs, an announcement revealed. Operating profit declined by $482m to $1.07b and expenditure rose by $1b to $15.3b ...
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