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Singapore tourist arrivals dip to 1.36 million in April, after March’s Taylor Swift-led high
SINGAPORE’S international visitor arrivals slipped in April from March’s Taylor Swift-induced high, marking the lowest number of arrivals in the year to date.
Singapore Airlines ‘might not yield another 24% rise in earnings for FY2025’
SINGAPORE Airlines might not repeat FY2024’s spectacular increase in its earnings in the year ahead, because rising industry capacity would continue to exert downward pressure on its passenger yields, the airline’s chief commercial officer has said.
Grab’s Q1 loss narrows to US$115 million; raises adjusted Ebitda target
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Grab reported a net loss of US$115 million for the first quarter of 2024, narrowing 54 per cent from its loss of US$250 million a year prior.
Strong demand for ECs could spur competition for Pasir Ris GLS site
The Housing and Development Board has launched an executive condominium (EC) site at Jalan Loyang Besar for sale via tender, under the government land sales programme’s confirmed list for the first half of 2024.
STI up 0.5% on optimism around lower Fed rates
SINGAPORE’S Straits Times Index (STI) rebounded on Thursday in tandem with most regional gauges and Wall Street’s overnight rise. The rally was fuelled by a higher possibility that the Federal Reserve would soon lower interest rates after overnight data showed a moderation in US consumer prices in April.
