News
Singapore banks post robust net profit results
Singapore banks post robust net profit results
All three major banks reported net profits of more than $2b for the first six months of 2021.
Daily briefing: Singaporeans to get rental support payouts starting 6 August; HK media firm moves to SG
And MoM said employers cannot join maid in medical exams.
Market Update: STI Down 0.45%
ThaiBev and DBS lead with the most growth today.
SGX reveals $447m profit for FY2021
It points toward expansion as the driving factor of their success.
Keppel, SPH merger a good deal for both: UOB Kay Hian
Keppel is set to fully acquire SPH’s non-media businesses by end-December if shareholders approve.
ESR acquisition of ARA to make it largest real asset manager in APAC
ESR Cayman Limited is set to acquire ARA Asset Management for US$5.2b.
HDB resale prices jump 13.2% in July amidst ‘price bidding wars’
A total of 19 HDB flats were resold for at least $1m.
DBS profit up 54% to record S$3.71b in H1, 33 cents DPS announced
Fee income rose to a record as wealth fees hit new heights.
ST Engineering, Temasek set up freighter leasing joint venture firm
They will both have 50% share in the JV company.
FLCT gears for COVID-19 impact on its retail portfolio
COVID-19 had a $1.1m impact on Frasers Logistics & Commercial Trust’s distributable income for the first nine months of the financial year.
SGX achieves milestone Aa2 rating
The rating is the highest given to any exchange group by the investor service.
Keppel subsidiary forms joint venture with Shanghai Topchain
The joint venture company will manage investment properties with potential for asset enhancement initiatives in China.
‘Born digital’ workers to generate additional S$2.5t profit: Citrix
This is if they are empowered to work flexibly.
SEEDS Capital enters $150m partnership for deep tech startups
The initiative involves 13 new partners under the Startup SG Equity Scheme.
Daily briefing: US VP Harris’ visit 'greatly valued': PM; SG top official asks China, US to mend ties
And Temasek Foundation says no mask distribution was held.
Market Update: STI up 1.07%
ThaiBev and Yangzijiang Shipbuilding took the lead as the index closed today.
Edtech startup Flying Cape bags $2m in Series A funding round
The funds will scale Flying Cape’s operations in China and SEA.
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