Nanofilm mulls project postponements amidst global chip shortage

28 Apr 2021 - Singapore Business Review
Nanofilm expects manufacturers to continue stockpiling chips. Nanofilm Technologies, which manufactures parts for computer, communications and consumer electronics (3C), said it is ready to postpone certain projects if needed. In a statement to the Singapore Exchange, Nanofilm said noted that it has ...
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SIA share prices see 2.7% dip following dismal operating results

21 Apr 2021 - Singapore Business Review
SIA's pasenger capacity contracted by 56.3% in March due to muted travel demand. The share price for Singapore Airlines (SIA) has dipped, according to a Singapore Exchange (SGX) market update. "The share price of Singapore Airlines has declined 2.7% in the month to 16 April," the SGX said, noting that ...
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ST Engineering launches first venture into Australian market

19 Apr 2021 - Singapore Business Review
The company has secured a contract for Queensland’s Cross River Rail. Global technology, defence and engineering group ST Engineering today announced that it has secured a contract to provide 96 sets of Platform Screen Doors for all four new underground stations on Queensland’s Cross River Rail, the ...
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Jardine Strategic acquisition completed

16 Apr 2021 - Singapore Business Review
The company has also been delisted from three exchanges. Jardine Matheson (JMH) has acquired Jardine Strategic’s 15% issued share capital which it does not already own, according to a filing announcement. This comes after the approval of JMH’s acquisition by shareholders of Jardine Strategic at a special ...
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Eagle Hospitality REIT drops the Crowne for $24.1 m

13 Apr 2021 - Singapore Business Review
Eagle Hospitality REIT called the Texas property a "drain on a limited pool of funds". Eagle Hospitality Real Estate Investment Trust, through its trustee DBS Trustee Limited, has announced the sale of one of its US hotels. For a tune of approximately $24.1 m (US$18 m), the Texas-based Crowne Plaza Dallas ...
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Manufacturing stocks maintain gains in Q1

8 Apr 2021 - Singapore Business Review
The higher returns are reflecting the increased confidence of investors in the economy. The top 20 most traded manufacturing-related stocks have contributed greatly to the combined daily turnover for all companies and trusts listed in the Singapore Exchange (SGX). The top manufacturing-related stocks ...
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Tiger Brokers Singapore Achieves 100% Growth in Account Openings for Three Consecutive Quarters in 2020; Continues to Focus on Untapped Gen Z Market

6 Apr 2021 - ACN Newswire
Tiger Brokers Singapore, the Xiaomi-backed online trading platform, today revealed continued exponential growth and momentum among its user base in Singapore. The online and mobile-focused brokerage saw 100% growth in customer accounts for three consecutive quarters in 2020.Wu Tianhua, Chief Executive ...
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Government committee to look into Integrated Shield Plans issues

5 Apr 2021 - Singapore Business Review
Concerned parties have met to discuss improvements on management of IP panels. A committee appointed by the Ministry of Health (MOH) will be formalised from the existing pro-tem committee looking into matters surrounding the management of Integrated Shield Plans (IP), Senior Minister of State for Health ...
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Market Update: STI on track for best first quarter in nine years, closes at 3,190

31 Mar 2021 - Singapore Business Review
The Straits Times Index ends on Tuesday up by 15.32 points or 0.48% at 3,190.89, moving an inch closer to having its best first quarter in nine years. About 1.94-billion securities worth S$1.45-billion changed hands. Advacers outnumbered stock losers, 288 to 210. Top performers for the day were Thai ...
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SPH Reit income soars, driven by fast-paced Australian mall recovery

30 Mar 2021 - Singapore Business Review
Singapore assets gross revenue fell due to the pandemic rental relief, but other parts of the portfolio helped to keep spirits high. SPH Reit’s net income grew by 2.6% to $78.05m in the first half of its 2021 financial year, compared to $76.07m in the same period last year. Meanwhile, gross revenue for ...
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