News

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.

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.

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.

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.