Economy
SGX reveals $447m profit for FY2021
SGX reveals $447m profit for FY2021
It points toward expansion as the driving factor of their success.
SGX achieves milestone Aa2 rating
The rating is the highest given to any exchange group by the investor service.
Daily briefing: US VP Harris’ visit 'greatly valued': PM; SG top official asks China, US to mend ties
And Temasek Foundation says no mask distribution was held.
Manufacturing sector keeps hopes high for H2
Electronic firms at 40% were the most optimistic in facing the remaining half of the year.
Market Update: STI down 0.41%
Sembcorp Industries and Wilmar International took the lead at the closing of today’s index.
86,600 SG residents jobless in June amidst heightened alert and Delta jitters
Total employment fell in the second quarter by 15,700.
Services sector remain optimistic for July to December
A net weighted balance of 11% of the firms gives a “favourable business outlook” expectation.
Daily briefing: Biden appoints US ambassador in Singapore; Employment expands in Q2 but at slower pace
And firms say discount for vaccinated people not discriminatory.
Japfa net profit grew 54.3% YoY to US$118.5m in H1
Its revenue also rose 23.4% YoY to. US$2,262.4m in the same period.
SGD to weaken to $1.35/USD amidst COVID-19 woes: Fitch
Fitch Solutions expects the Singapore dollar to trade between $1.35 to $1.38 against the greenback for 2021.
Gov’t shells out $2b to extend support amidst reimplemented P2(HA)
The Jobs Support Scheme has been extended to 18 August.
June CPI remains elevated at 2.4% YoY
MAS upgraded its 2021 official headline CPI from 0.5%-1.5% YoY to 1%-2% YoY.
Daily briefing: White House defence secretary to visit Singapore; Manufacturing output growth speeds up 27.5% in June
And Health Ministry clarifies roadmap in treating COVID as endemic remains.
Core inflation eased to 0.6% in June
Inflation for all items meanwhile remained unchanged at 2.4% YoY.
Temasek continues investments in carbon-emitters amidst green goals
The state investor says these investments are meant to help these firms shift to a different path.
It’s take two for Phase 2(HA): Here’s what you need to know
Phase 2 (Heightened Alert) starts today, superseding the earlier announced Phase 3 (Heightened Alert) restrictions.
Chart of the day: Inflation expectations stay flat at 2.7%
Singaporeans expect prices for household durables & services to have picked up in the second quarter.
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