News
Prime US REIT distributable income slips 1.3% YoY in H1, remains stable
Prime US REIT distributable income slips 1.3% YoY in H1, remains stable
Prime said its gross revenue and net property income also remained stable.
China Aviation Oil recovery pushed back to FY 2022: DBS
DBS Group Research cut the jet fuel trader’s profit projections by 26% for 2021.
OUE Limited's profit attributable to shareholders rose to S$30.1m H1
Its revenues, however, declined 49.5% to S$152.
OCBC net profit soars by 86% to $2.6b in first half
The net profit growth was driven by a robust banking and insurance performance.
Singapore ranks 4th in best country for unicorn startups
It currently has six unicorn startups.
Manufacturing sector keeps hopes high for H2
Electronic firms at 40% were the most optimistic in facing the remaining half of the year.
Grab breaks company record with strong Q1 results
As it prepares for its initial public listing, Grab announced milestone results in Q1 2021.
UOB net profit up 29% to $2b in first half of 2021
Its wholesale banking revenue was driven by large corporate and institutional clients from Singapore and Greater China.
Daily briefing: Grab’s sales up 39% to $507m in Q1; MAS allows crypto exchange Independent Reserve to operate 'in principle'
And Fintech firm FinAccel’s Kredivo to launch IPO in US.
Market Update: STI down 0.41%
Sembcorp Industries and Wilmar International took the lead at the closing of today’s index.
Are next-gen Singaporeans keen on investing?
One in two among people aged 18 to 35 said it is important to invest early.
AXA Singapore unveil employee benefits solution for SMEs, startups
Better Me Business gives employees the option to enhance their company-provided insurance plan.
PMI expands for the 13th straight month at 51 in July
Analysts say the manufacturing industry will be relatively unscathed from the tighter social restriction measures.
CDLHT’s NPI increases 24.4% to S$37m in H1
The group’s revenue also rose 27.2% to S$66.2m.
Chart of the Day: 87% of real estate execs point towards rising constructions costs as potential red flag
Potential risks include rising costs of construction, inflation, and interest rates that can lead to a negative impact on market sentiment.
Good Class Bungalow sales hit fresh peak at $1.2b in H12021
The GCB market could enter a renaissance period in the next 12 months.
Luxury condo deals hit record breaking $2b in H1 2021
Sales activity in the prime non-landed residential segment for the first half of 2021 surpassed the amount transacted for the whole year of 2020.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform