News
First Resources output growth may exceed 5% in 2021: Maybank Kim Eng
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.
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.
SingPost to appoint Vincent Phang as CEO
The announcement is to take effect on 1 September.
ComfortDelGro reverses last year’s losses with $91m net profit
The transport company received $57.2m in government reliefs for the first half of the year.
ComfortDelGro reverses last year’s losses with $91m net profit
The transport company received $57.2m in government reliefs for the first half of the year.
Industrial and manufacturing employment soars 60% in Q2
This is due to growth plans across semiconductor chip manufacturers, capital equipment, and electronics makers.
DBS hits all-time high stock price of $31.47
This is the first time a stock traded above $31 per unit for one session.
Daily briefing: SIA halts wage cuts for SG-based staff; New measure renews expiring work permits in construction, shipyard sectors
And Singapore extends COVID-19 assistance to Indonesia.
Capitaland's H1 profit soars to $922.2m from $96.6m
This is a whopping 854.5% increase.
Yanlord posts 54.8% YoY increase in profit to RMB1.6b in H1
This is due to the increase in gross profit and other operating income and the decrease in finance costs.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform