News
MoM keeps an eye on 38 firms for failure to hire locals fairly
MoM keeps an eye on 38 firms for failure to hire locals fairly
They’ve been placed on the watchlist.
HPL’s net profit surges 74.1% to $12.2m in Q2
Thanks to Tomlinson Heights sales.
Wing Tai profit cascades by 41% to $150.3m
Underperforming developments and properties caused the tumble.
ST Engineering net profit slips by 6.1% to $125m in 2Q
Blame it on lower shipbuilding revenue.
Petra Foods’ profit dives by 40% to US$7.4m in 2Q
It’s the second lacklustre quarter in a row.
Olam’s net profit triples to $94.7m in 2Q
On back of improved margins.
Private condo rents slip 0.3% in July while volume jumps
Over 4,000 units were rented last month.
Genting hit with painful $16.9m loss in Q2 as Resorts World loses high-rolling clients
Gaming revenue fell steeply by 28%.
ComfortDelGro’s net profit up 6.9% to $80.9m in Q2
Rail, taxi and bus revenue all increased.
SIA scraps potential equity investment in low-cost carrier Jeju Air
Talks with the Korean carrier have ceased.
Chart of the Day: Orchard Road is losing its edge over suburban malls
Rents fell to a record low last quarter.
Daily Briefing: Star architects boost condo sales; More pain ahead for struggling SGD
And how to save money on phone bills.
Daily Markets Briefing: STI up 1%
But this is not a convincing rebound.
Pop-up stores are all the rage in Singapore as mall vacancies mount
More retailers will jump on the bandwagon soon.
Big-ticket residential deals surge as wealthy buyers flock back to Singapore
The tide has shifted for luxury homes.
SGD still within policy band despite escalating volatility, says MAS
Current policy doesn’t need to be tweaked.
Palm oil woes drag First Resources H1 net profit by 20.8% to $78.8m
Total sales fell 26%.
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