News
SIA cuts down net loss to $409m in Q1
SIA cuts down net loss to $409m in Q1
The airline saw a net loss of $1.12b in the same period last year.
Keppel’s net profit rebounds to $300m in H1 2021
All of its key businesses were profitable in the first six months of the year.
Daily briefing: SG banks stocks climb after eased dividend restrictions; Hospitals may be filled if COVID cases increase 'uncontrollably'
And TotalEnergies buys BlueSG EV charging network.
Market Update: STI up 1.08%
Singtel, Keppel Corp, and OCBC Bank led the Straits Times Index on 29 July.
HR Briefing: Retaining talent in the time of COVID
There seems to be a trend amongst workers looking to switch employers.
Ascendas India Trust NPI rose 5% YoY to S$77.3m in H1
Total property income decreased by 4% but was offset by the decline in expenses.
Ascendas India Trust NPI rose 5% YoY to S$77.3m in H1
Total property income decreased by 4% but was offset by the decline in expenses.
S$216m funds raised for startups: EDBI, SEEDS Capital
This is under the Special Situation Fund for Startups investment scheme.
MAS, BIS publish proposal on global retail payments network connectivity
Called Project Nexus, the blueprint outlines how countries can integrate their retail payment systems onto a single cross-border network.
Keppel divests 100% equity interest in Chengdu Shengshi Jingwei Real Estate
The sale is worth RMB1,561m (S$324m).
CapitaLand China Trust net property income up 84.4% to $120.3m
It plans to expand in the coming months, on the back of China’s economic recovery.
ESR-REIT issues $125m fixed rate notes at 2.6% rate
Funds will be used to modernise its portfolio.
MAS lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
Daily briefing: Shipping rates may rise further: analyst; 4 global firms to set up shop in 'smart business district'
And US wants “stable” relations with China: US Defence Secretary.
Market Update: STI Up 0.13%
The Mapletree group of companies led the index on 28 July.
The 7th SBR Management Excellence Awards is now accepting nominations
Deadline for entries is on 29 October 2021.
Million-dollar flat transactions reach record high by July 2021
A total of 120 flats sold for more than $1m as of the first seven months of the year.
Commentary
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform