SIA passenger capacity contracts 79.6% YoY in January 2021

16 Feb 2021 - Singapore Business Review
Air travel demand remains down due to ongoing travel restrictions and border controls. Singapore Airlines’ (SIA) passenger capacity dropped by 79.6% YoY in January 2021 with overall passenger carriage, measured in revenue passenger-kilometres, lower by 97.3%, the airline said. Demand for air travel continues ...
sgx:c6l sgx:m01

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SIA defers $4b spending on Airbus, Boeing planes

10 Feb 2021 - Singapore Business Review
Delivery will be delayed upon agreement with the aircraft manufacturers. Singapore Airlines (SIA) will defer over $4b of capital expenditures on Airbus and Boeing planes after reaching agreements with the aircraft manufacturers to revise aircraft delivery schedules. The airline has also been able to ...
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Singapore stocks open higher for sixth straight session; STI up 0.8%

9 Feb 2021 - The Business Times
SINGAPORE shares opened higher on Tuesday for the sixth day running after Wall Street hit fresh records on Monday on hopes for additional stimulus. The Straits Times Index (STI) was up 0.8 per cent or 22.55 points at 2,953.95 as at 9.03am. Gainers outnumbered losers 130 to 29, after 139.6 million securities ...
sgx:so7 sgx:a50 sgx:c6l sgx:d05 sgx:t39 sgx:z74 sgx:bs6 sgx:o39 sgx:u11

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Budget 2021 should focus on support schemes, workplace transformation: Deloitte

9 Feb 2021 - Singapore Business Review
Technology and innovation to remain key factors in Singapore’s future. Singapore’s Budget 2021 should focus on enhancing and extending job support schemes as well as reskilling and upskilling the workforce, according to accounting firm Deloitte. Deloitte sees the need to enhance and extend government ...
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Singapore stocks track Wall Street gains, STI up 0.84%

8 Feb 2021 - The Business Times
SINGAPORE stocks tracked last Friday's Wall Street gains on expectations for a US stimulus package. The Straits Times Index (STI) got the week off to a positive start, ending Monday at 2,931.40 points, up 0.84 per cent or 24.29 points. Losers outnumbered gainers 248 to 222, after 2.05 billion securities ...
sgx:c6l sgx:d05 sgx:t39 sgx:o39 sgx:u11 sgx:y92 sgx:j36 sgx:1b0

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Stocks to watch: SIA, Yanlord, GuocoLand, Keppel, Sunningdale, UG Healthcare

5 Feb 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday: Singapore Airlines (SIA): Net loss for the flag carrier extended into the third quarter ending Dec 31 at S$142 million, a reversal of the net profit of S$315 million recorded in the prior-year period. ...
sgx:bhq sgx:f17 sgx:c6l sgx:t39 sgx:bn4 sgx:f99 sgx:41a sgx:z25 sgx:1b0

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Stocks to watch: SGX, Metro, Keppel, MIT, SIAEC, Parkway Life Reit

1 Feb 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday: Singapore Exchange (SGX): Marketnode, SGX and Temasek's joint venture, has partnered fixed income issuance and data company Covalent Capital. Marketnode and Covalent will collaborate and build the Asia-Pacific's ...
sgx:c6l sgx:t39 sgx:mxnu sgx:s59 sgx:avm sgx:bn4 sgx:s68 sgx:me8u sgx:f9d sgx:c2pu sgx:m01

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SIAEC Q3 revenue crashes despite cost cuts, gov't support

1 Feb 2021 - Singapore Business Review
The group reported a decrease of 58.5% YoY in revenue for Q3 FY2020-21. SIA Engineering Company (SIAEC), the maintenance arm of Singapore Airlines, lost $147.5m in revenue for the third quarter of FY2020-21 despite cost-cutting measures and grants from the government. The company said it recorded a revenue ...
sgx:c6l sgx:s59

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Market Update: Singapore shares slip for a third day

27 Jan 2021 - Singapore Business Review
The Straits Times Index ended Tuesday trade down by about 28.13 points, or 0.95%, at 2,945.52. Most Asian stocks fell, dragged by further lockdowns in the Euro zone and investor jitters over the upcoming US fiscal stimulus. About 3.75-billion securities worth S$1.6b changed hands, with more than double ...
sgx:c6l sgx:c31 sgx:s63

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US dollar may continue fall, but impact on Singapore stocks unlikely to be major

22 Jan 2021 - The Business Times
Singapore THE US dollar (USD) could continue to trend downwards amid positive risk sentiment in markets, which could benefit Asian assets, with little downside expected for Singapore stocks with US exposure, say analysts. Sim Moh Siong, currency strategist at Bank of Singapore said: "It is still a very ...
sgx:d05 sgx:hmn sgx:xzl sgx:bn4 sgx:d1r sgx:oxmu sgx:me8u sgx:40u sgx:c6l sgx:t39 sgx:btou sgx:a17u sgx:u96 sgx:s51 sgx:a68u sgx:cmou

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