News

141 OCR condos sold above $2m in July

141 OCR condos sold above $2m in July

The Outside Core Central Region led the new home sales market last month.

Wilmar International to post stronger H2 results: analysts

The agribusiness giant recorded a 23% increase in its PATMI in the first half. 

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.

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.