News
Chart of the Day: Retail rental growth in Singapore is still negative
Chart of the Day: Retail rental growth in Singapore is still negative
OCBC Investment Research cited data URA which said the Retail Rental Index fell 0.5% QoQ in Q2 2021.
Market Update: STI Down 0.41%
Yangzijiang Shipbuilding, ThaiBev, and Capitaland were seen with the least growth today.
Singapore secures third spot in Safe Cities Index 2021
The country joins Copenhagen, Toronto, Sydney and Tokyo in the top-five finish.
Hong Leong Asia sees 110% growth in PATMI
Higher diesel engine sales helped in this growth.
UOB adopts the Equator Principles to refine sustainability strategy
The bank will apply the principles to assess and manage environmental and social risk projects.
Foreign wholesale trade up 47.3% YoY for Q2 2021
Petroleum products lead the increase with a 100% increase YoY.
Singapore, China affirm bilateral economic ties in IPC Meeting
The two countries discussed the progress of bilateral cooperation projects and agreements.
Domestic trades jump by 49.8% YoY for Q2 2021
The trade of metals, timber, and construction materials contributed the most, seeing a 105.2% increase.
Daily briefing: US VP Harris to visit SG next week; SG economy relies on 'openness': Health Minister
And Singapore will not reach herd immunity despite the high vaccination rate.
Market Update: STI Up 0.56%
SATS, DairyFarm, and Capitaland were seen with the least growth today.
Majority of SG executives said automation helped upskill finance staff
More than half of C-suite executives said automation relieved them of at least a quarter of their workload.
Vaccinated Travel Lanes to be implemented in Singapore
The pilot VTL arrangements will take place with Brunei and Germany.
Fully vaccinated COVID-19 patients to be allowed to isolate at home: MoH
This new policy on fully vaccinated patients with mild or no symptoms will be piloted on 30 August.
4 new classifications of travelers announced by Singapore
Countries and vaccination statuses would be included in the classification.
More Singaporeans can return to the office, attend events
More than 1,000 attendees can go to one event as long as all of them are fully vaccinated.
Nanofilm net profit slips 2.3% to S$18.1m in H1 2021
This is due to higher expenses in the new Shanghai Plant 2 and new product introduction projects.
ESR Cayman profit up 60% to $313.30m
The company also recorded $509.23m in EBITDA.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform