Singapore
Hong Leong Asia’s China Yuchai H1 revenue falls 32.2%
Hong Leong Asia’s China Yuchai H1 revenue falls 32.2%
The fall in revenue was attributed to lower motor sales in the half-year.
Sri Trang Gloves’ net profit falls 90% in H1 22 amidst low average selling price
Its net profit reached $62m (THB1.6b) in the first half of 2022.
Singapore life insurance contracts by 1.9% YoY in H1 2022
New business premiums hit $2.63b.
Trendale Tower for sale with $178m guide price
Tender closes on 13 September at 3PM.
CapitaLand Investment Limited reports S$346m PATMI in H1
Despite lower profits, CIL is on track to reach its target of S$100b funds managed by 2024.
Time for businesses to go beyond WiFi and connect to Private 5G
A private 5G network can provide coverage in spaces with metal obstructions, unlike Wifi.
Condo rents climb for 19th consecutive month
It rose by 1.7% MoM in July.
Sutton Place up for collective sale at $285m
It will be sold by way of a public tender.
Manulife net income down to $1.1b in Q2
Core earnings also fell 9% year-on-year during the quarter.
Economy grows at faster pace in Q2
It grew 4.4% from 3.8% in Q1.
Total merchandise trade up 28.1% in Q2 22
This followed the 20.8% growth in the previous quarter.
Investors to get better assurance from Singapore despite macroeconomic woes
Economy grew by 4.8% year-on-year in the second quarter of 2022.
Rising interest rates push buyers out of the resale market
In July, condo resale volume dropped 6.7% MoM.
Chart of the day: OCR logs largest volume for condo resale in July
The highest resold condo in the region cost $3.4m
Market update: STI up 0.37%
ThaiBev had the most growth for the day.
Maybank enables Singapore, Malaysia card users to link with ApplePay
This includes users of Mastercard and Visa credit, debit, and prepaid cards.
One Clapham Junction open for sale: Savills
The launch event is from 13 to 14 August.
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