382 Followers SGX:S61 - SBS Transit (SGD 2.7) SBS TRANSIT LTD
Sector: Transportation, Industry: Other Transportation
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ComfortDelGro profits fell 48.9% to $36m in Q1

26 May 2020 - Singapore Business Review
This is due to the decline in revenue from public transportation services and taxis. ComfortDelGro’s (CDG) recorded a 48.9% YoY plunge in profits after tax and minority interests (PATMI) in Q1 with $36m from $70.4m in 2019, the company announced in an SGX filing. Revenue declined 9% YoY to $862.4m over ...
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Stocks to watch: DBS, OCBC, UOB, CapitaLand, Keppel DC Reit, SPH, First Resources

22 May 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday: DBS, OCBC, United Overseas Bank (UOB): The Business Times understands the Singapore banks will retain the funding offered under the Jobs Support Scheme (JSS). DBS will use the funding to create more jobs, ...
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Top 5 ESG stocks outpace STI's blue chips

13 May 2020 - Singapore Business Review
Sheng Siong Group leads the pack with 24% total return. The five best-performing stocks in the iEdge SG ESG Leaders Index have averaged a 11.4% total return in 2020 YTD, outperforming the five strongest Straits Times Index (STI) stocks which averaged 1.3% returns over the same period, according to an ...
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Top 5 ESG stocks outpaced STI's blue chips in 2020 YTD

13 May 2020 - Singapore Business Review
Sheng Siong Group leads the pack with 24% total return. The five best-performing stocks in the iEdge SG ESG Leaders Index have averaged a 11.4% total return in 2020 YTD, outperforming the five strongest Straits Times Index (STI) stocks which averaged 1.3% returns over the same period, according to an ...
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Changi Airport temporarily suspends T4 operations

12 May 2020 - Singapore Business Review
This will enable the group and airport partners to save on running costs. Changi Airport’s Terminal 4 (T4) operations will be temporarily suspended starting 16 May in view of the small number of flights in the terminal, according to a press release. Also read: Changi Airport Terminal 2 suspends operations ...
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Singapore shares open higher after govt unveils Solidarity Budget; STI up 1.7%

7 Apr 2020 - The Business Times
SINGAPORE shares opened higher on Tuesday following the announcement of a S$5.1 billion Solidarity Budget by the Singapore government on Monday to support households and businesses, and save jobs. The Singapore market also tracked a strong US trading session buoyed by hopes the novel coronavirus pandemic ...
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ComfortDelGro's management to take pay cuts

7 Apr 2020 - Singapore Business Review
Directors of the group’s listed companies to have 20% cut on fees. ComfortDelGro Group's board and senior management will take a voluntary cut in directors' fees and pay respectively amidst the COVID-19 outbreak. Directors of the group’s listed companies—ComfortDelGro, SBS Transit and Vicom’s—will have ...
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Government launches $48b resilience budget against COVID-19 pandemic

26 Mar 2020 - Singapore Business Review
Qualified commercial properties may receive a 100% tax rebate. The government has unveiled its $48b resilience budget to help businesses, workers, and residents weather the negative impact of the ongoing coronavirus pandemic. All government fees and charges have been frozen for a period of one year starting ...
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CIMB Singapore plays by its strengths as neobanks loom

11 Mar 2020 - Singapore Business Review
The bank is gearing up its tech and customer-employee experience amidst an increasingly tech-centered industry. With the Monetary Authority of Singapore handing out five neobank licenses by June, and with banks’ amping up their digitalisation initiatives to keep up with the increasingly tech-centered ...
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Card payments market to hit $158b in 2023

10 Mar 2020 - Singapore Business Review
Credit cards took the lion’s share in market value at 60% in 2019. Singapore’s card payments market is set to reach $158b (US$116b) in 2023 from S111.9b (US$82.1b) in 2019, according to a GlobalData report. The government’s cashless efforts alongside rising consumer awareness and a better payment structure ...
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