News

Market Update: STI Up 0.12%

Singtel, CityDev, and ST Engineering lead with the most growth today.

City Developments Ltd. suffers $32.1m loss for H1

The company points to a deferred tax credit of $17.6b as the factor for this loss.

Retail rents slips 2.4% in H1 2021: Colliers

Average retail rents were expected to decline 1.8% by 2021. 

Manulife posts DPU of 2.7 US cents

The amount is 11.5% lower than the amount recorded last year.

Deliveroo SG plans to upskill 1,000 riders by 2021

To date, 300 Deliveroo riders have completed their training from a choice of 700 free online classes.

SME software spending increases exponentially by 324% in 2020

SMEs also spent more on organisational growth tools and employee salaries last year.

Singapore life insurance records whopping $1.97m in sales

This accounts for a YoY 61% growth in H1 2021.

HBD offers 4,898 build-to-order flats

Experts expect projects at Queenstown, Hougang, and Kallang/Whampoa to be popular.

Wilmar’s net profit rose 23% YoY to US$750.9m in H1 2021

This is on the back of higher profit from Feed and Industrial Products and Plantation & Sugar Milling.

Singapore exchange-traded funds exceed $10b

The recorded value is double the amount over a two year period. 

ST Engineering net profit up 15% to $296.1m

The company secured $3.37b worth of new contracts for the first half of 2021.

Oracle NetSuite hosts premiere webinar on accelerating next level business growth

Oracle executives will discuss how to best upgrade your accounting software to catch the next wave of digital transformation. 

Market Update: STI Down 0.88%

Capitaland leads with the most growth today.

HSBC Singapore unveils enhanced int'l benefits for premier customers

Customers’ immediate family can enjoy a suite of benefits with no minimum balance required.

Gov’t upgrades trade forecast following 27.3% expansion in Q2

Both non-domestic exports and re-exports saw double-digit growth in the second quarter.