News

SPH appoints Yeoh Oon Jin as new board director

SPH appoints Yeoh Oon Jin as new board director

He will also be appointed to the Executive Committee and the Audit Committee.

Market Update: STI down 0.97%

Only Jardine Matheson managed to stay on the green when trading closed.

MAS, France complete wholesale cross-border payment experiment using CBDC

It simulated cross-border transactions involving multiple CBDCs on a common network.

Frasers Logistics & Commercial Trust growth supported by $5.9b acquisition pipeline

The company has the right of first refusal for 64 properties in APAC and Europe.

Ericsson projects more than 580m 5G subscriptions by end-2021

It also expects 3.5 billion subscriptions and 60% population coverage by the end of 2026.

Hong Leong Asia’s earnings to grow 52% this year

The building materials segment sets the foundation for the firm’s recovery.

Clear skies ahead: ST Engineering to score from US airline capacity rebound

The Singaporean firm has a large aircraft maintenance presence in the United States.

Grab Singapore unveils sustainability initiatives

The company gives passengers options to participate in its bid for a sustainable operation and eyes a full fleet running using cleaner energy by 2030.

Only 9% of Singaporeans feel recognised at work

According to a recent survey, managers tend to overstate the satisfaction of their employees

Hyflux to divest 30% stake in desalination plant to Keppel subsidiary

This sale will give Keppel Infrastructure Trust 100% stake in the SingSpring Desalination Plant.

Razer unit invests US$2.3m in console creator Loupedeck

Loupedeck seeks to continue its live stream growth.  

CapitaLand launches second logistics private fund in India worth S$400m

This follows CapitaLand’s S$400m Ascendas India Logistics Programme it launched in 2018.

Around 20,000 jobs expected in digital, ICM sector: Josephine Teo

Jobs in the infocomm media sector grew by 5% in the last few years, the Minister for Communications and Information said.

Market Update: STI down 1.65%

Only Jardine Matheson, Yangzijiang Shipbuilding, and Dairy Farm stayed on the green.

Chart of the Day: 5 of SGX's tech stocks average 25% total return in H1 2021

The 20 most traded manufacturing stocks contributed 20% to the combined average daily turnover.