News
Yangzijiang Shipbuilding’s earnings jump 47% YoY to $1.19b in FY 2021
Yangzijiang Shipbuilding’s earnings jump 47% YoY to $1.19b in FY 2021
This is the shipbuilding group’s highest net profit since 2011.
Service industry business receipts grew 15.4% YoY in 2021
Meanwhile, on a QoQ basis, business receipts grew 7.2%.
Manufacturing output falls 10.7% MoM in January
Excluding biomedical manufacturing output fell 0.2% MoM.
MAS bans ex-OCBC representative for fraud and dishonesty
She has been handed a five-year prohibition order.
Hongkong Land joins initiative to limit temperature rise to 1.5°C
The campaign is spearheaded by the Science Based Targets initiative.
Hong Leong Asia’s earnings rise 28.6% YoY to $60.1m
With the increase, the bard proposed a final dividend of $0.02 per share.
Market update: STI up 0.71%
Sembcorp Industries was seen with the most growth.
Chart of the day: HDB resale flats price index grows 3.4% in Q4 2021
This is due to the low supply caused by construction delays.
Financial services M&A deals reached $12.61b in 2021: KPMG
The deal value skyrocketed from $2.86b in 2020.
ESR-REIT and ARA LOGOS unitholders to discuss proposed merger
The meeting will be held on 21 March 2022.
Frencken Group Limited’s PATMI rises 38% YoY to $58.7m
Excluding a loss of $6.2m in FY2020, PATMI would’ve increased 20.4% in FY21.
CapitaLand Investment posts 2021 net profit of $1.35b
It reversed the net loss of $559m in 2020.
SingPost’s operating profit rises 46% YoY to $38m
The increase was driven by higher profit in domestic post and parcel.
What to expect from newly opened Hilton’s largest hotel in APAC
The Hilton Singapore Orchard has 1,080 rooms and suites and enhanced facilities.
First Resources Limited’s full-year profit soars 61.6% YoY to $218.23m
This is on the back of its record-breaking sales of $1.4b in FY21.
MFA urges Russia to 'peacefully' settle dispute with Ukraine
The government urges parties to settle the dispute peacefully.
SIA sees first quarterly profit of $85m since pandemic onset
Thanks to an increased demand for air travel in December 2021.
Read Here
Advertise
Sign Up
Commentary
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy