Singapore
ComfortDelGro set to infiltrate Australian stock market
ComfortDelGro set to infiltrate Australian stock market
This is a result of a successful two-week roadshow that introduced the company to its investors.
ComfortDelGro to continue recovery with $134.6 EBIT
This is a 23x YoY increase from the previous year.
SIA continues recovery with net loss of $274m for Q1 2021
The value is an improvement over last year’s $763m.
DBS pilots financing solution for seniors with private properties
This will allow them to borrow against their property to raise their retirement income.
Genting to benefit from SG’s high vaccination rate, possible reopening: OCBC Investments
Singapore has reached a 75% vaccination rate as of 15 August.
141 OCR condos sold above $2m in July
The Outside Core Central Region led the new home sales market last month.
Wilmar International to post stronger H2 results: analysts
The agribusiness giant recorded a 23% increase in its PATMI in the first half.
First Resources output growth may exceed 5% in 2021: Maybank Kim Eng
The palm oil producer is expected to make up for its drop in net profit in the next six months.
55% of Singapore consumers plan to purchase EVs
Environmental concern is the top reason for buying electric vehicles.
Chart of the Day: 5 in 10 Singaporeans have investments in stock market
An extra 18.29%, meanwhile, are also looking to enter the market this year.
Singaporeans believe getting the jab will help them get jobs: survey
Approximately 62% of Singaporeans believe that getting fully vaccinated against COVID-19 will lead to more employment opportunities.
Daily briefing: HSBC buys AXA’s SG assets for $575m; EMA wants to minimize impact of clean energy drive
And POFMA issues correction direction to Facebook over false claims on 3-year-old girl’s death.
Market Update: STI Down 0.52%
CityDev, ComfortDelGro, and ThaiBev lead with the most growth today.
New home sales nearly double in July to 1,589 units
This is the highest sales since January 2021.
ESR enters co-investment agreement to form logistics platform in China
A total of $271.22m is under commitment from ESR.
ThaiBev jumps with 11.5% YoY increase for 9 months FY21
The EBITDA reached a recorded $1.49b (Baht 36.63m).
Sembmarine completes offshore windfarm substations for Orsted
This expands Sembmarine’s footprint in renewable and clean energy.
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