News

Middle-aged workers less confident in finding new jobs, dev't opportunities: ADP

Only 49% of middle-aged workers are confident about finding a new job.

Singapore's retail sales rise 25.8% in June

This is attributed to the low base in June 2020 when physical stores were closed. 

Market Update: STI Down 0.05%

Yangzijiang Shipbuilding and Jardine Matheson Holdings lead with the most growth today.

Singapore banks push ahead to post-pandemic era

Significant loan book exposure in China is helping them recover faster than their regional peers.

Strata office sales breaks 6 year record at $691.5m

The most expensive strata office was in Samsung Hub, which sold for $53.1m.

How can malls, retailers improve waste management?

Lendlease and WWF-Singapore recommend using technology and encouraging wider participation of customers and tenants. 

Sembcorp net profit at $46m in first half

Net profit before exceptional items went up at a nice 69% at $252m.

Yangzijiang’s net profit jumps 39% YoY to RMB1.64b in H1 2021

This is despite a 20% decline in revenues in H1 2021. 

StarHub net profit up 62.6% to $37m for Q2

The company recorded continued growth in all of its business divisions.

SingPost EBIT slips by 2% to $21m

Its international post and parcel business continue to be affected by disruptions caused by COVID-19.

F&B sales slump to 7.3% for month of June

This follows May’s 46.4% growth in sales. 

OCBC issues A$500m senior floating green notes at 0.26% rate

The notes will be issued in its Sydney, Australia branch.

Fintech startup STACS joins Mastercard’s startup engagement programme

STACS is amongst seven startups globally that were admitted into the programme.

MPA, SMI co-fund 3 consortiums for harbour craft electrification

This will support Singapore’s plans of reducing greenhouse gas emissions by the maritime transport sector.

Hong Leong Finance net attributable profit up 22.4% to $44.7m

The company ranks 665th in the Top 1000 World Banks 2021.