News
Frencken's gross profits increase 14.9% to $33.5m in Q3
Frencken's gross profits increase 14.9% to $33.5m in Q3
Its profit margin increased to 17.1% due to increased material, freight costs.
Embattled Keppel subsidiary Basslink enters voluntary administration
Three Ernest & Young representatives were chosen as voluntary administrators.
IMDA, global banks concludes world's first CBT digital financing pilot
IMDA’s TradeTrust Framework was used for the initiative.
Sembcorp Industries to acquire $700m of wind, solar assets in China
The total gross installed capacity of the assets total 658MW.
Who is the top syndicate manager in Asian G3 bonds for 2021?
The top manager for 2021 also placed first in last year’s ranking.
GAR profit soars 580% YoY to $189.82m in Q3
This growth was also reflected in its EBITDA with 145% increase.
Sembcorp completes S$1.5b rights offering
The company said the raised capital is enough to meet "projected operation funding requirements” until 2022.
ST Engineering acquires MBH contract from Virgin Australia Airlines
The contract will last for five years.
Grab suffers $1.34b net loss in Q3
This is a 59% decrease in net profit, YoY.
Singtel net profit more than doubles to reach $954m
Operating revenue also grew by 3% to $7.65b.
Market update: STI up 0.16%
Frasers Logistics & Commercial Trust was seen with the most growth.
4 pillars of a startup ecosystem—Enterprise Singapore
ESG's initiatives focus on talent, financing, innovation, and collaboration.
ComfortDelGro cancels Australian IPO
The IPO was first announced in August 2021.
StarHub posts 5.1% YoY growth to $517.2m in Q3
There is also a 5.6% YoY revenue increase for the quarter.
Labcorp adds 90 additional research and engineering jobs
This came as the life sciences company opened its new bioanalytical laboratory.
FLCT NPI up 12.3% to $181.27m in H2
The company also posted a 6.3% DPU increase.
AEM’s net profit crashes 33.4% to $52.995m in 9M2021
The company also saw a double-digit decline in its revenue.
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