Singapore
Yangzijiang Financial posts 80% net profit decline in H2 2022
Yangzijiang Financial posts 80% net profit decline in H2 2022
The company posted $25.6m net profit to the firm's equity holders.
WealthTechs win by managing wealth and not the wealthy
WealthTechs are breaking down barriers to entry by fractionalising costs of assets, analysts said.
Strong growth for major banks seen: Fitch Ratings
This will be supported by wider margins and well-contained credit costs.
Daily Markets Briefing: STI up 0.05%; Frasers Logistics & Commercial Trust is top active stock
Frasers Logistics and Commercial Trust is the most active stock.
Chart of the Day: Do Singaporeans need help managing their money?
Younger consumers do, according to a YouGov survey.
#WomensMonth: Do female employees get enough opportunities at work?
Three in 10 feel they have to work harder to achieve their goals.
Condo prices post first monthly decline in over 2 years: analysts
Weaker sales during the Lunar New Year and fewer sellers caused the decline.
Golden Agri Resources’ net profit up to $528m in H2 22
The firm’s downstream and upstream businesses helped in the growth.
Sembmarine declares request for trading halt
It called for a trading halt past 8 a.m.
Sembmarine cuts net loss by 77% in H2 22
Its EBITDA improved to $12m in the second half of 2022.
OUE Lippo Healthcare posts net loss of $4.01m in H2 22
For fiscal year 2022, its revenue grew to $119.8m YoY.
Strong demand seen for BTO flats in Kallang/Whampoa
The HDB launched over 4,400 BTO flats across five sites.
Excelsior Hotel & Shopping Complex up for sale at $458m
It comprises a 5-level podium shopping centre and a tower block rising to 21 storeys
UOL net profit surges 60% YoY to $491.9m in 2022
Its revenue also increased by 28% to $3.2b.
Sinarmas Land's revenue hits record high in FY22
The company's revenue soared 48.8% YoY to $1.3b.
Business receipts of service industries rise 10.9% YoY in Q422
Recreation & Personal Services had the highest growth in revenue amongst industries.
Condo rents volumes slip by 0.9% in January
An estimated 6,285 units were rented during the month.
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