News

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.

Yanlord posts 54.8% YoY increase in profit to RMB1.6b in H1

This is due to the increase in gross profit and other operating income and the decrease in finance costs. 

Golden Agri-Resources posts $710m EBITDA for H1 2021

The recorded EBITDA is a 176% increase from the previous year’s period.

Sasseur REIT income increased 19.7% to $21.6m in Q2 2021

This is due to active leasing activities and improvement in operating performance.