News
Market Update: STI down 0.97%
Market Update: STI down 0.97%
Only Jardine Matheson managed to stay on the green when trading closed.
MAS, France complete wholesale cross-border payment experiment using CBDC
It simulated cross-border transactions involving multiple CBDCs on a common network.
Frasers Logistics & Commercial Trust growth supported by $5.9b acquisition pipeline
The company has the right of first refusal for 64 properties in APAC and Europe.
Ericsson projects more than 580m 5G subscriptions by end-2021
It also expects 3.5 billion subscriptions and 60% population coverage by the end of 2026.
Hong Leong Asia’s earnings to grow 52% this year
The building materials segment sets the foundation for the firm’s recovery.
Clear skies ahead: ST Engineering to score from US airline capacity rebound
The Singaporean firm has a large aircraft maintenance presence in the United States.
Grab Singapore unveils sustainability initiatives
The company gives passengers options to participate in its bid for a sustainable operation and eyes a full fleet running using cleaner energy by 2030.
Only 9% of Singaporeans feel recognised at work
According to a recent survey, managers tend to overstate the satisfaction of their employees
Hyflux to divest 30% stake in desalination plant to Keppel subsidiary
This sale will give Keppel Infrastructure Trust 100% stake in the SingSpring Desalination Plant.
Razer unit invests US$2.3m in console creator Loupedeck
Loupedeck seeks to continue its live stream growth.
CapitaLand launches second logistics private fund in India worth S$400m
This follows CapitaLand’s S$400m Ascendas India Logistics Programme it launched in 2018.
Around 20,000 jobs expected in digital, ICM sector: Josephine Teo
Jobs in the infocomm media sector grew by 5% in the last few years, the Minister for Communications and Information said.
Daily briefing: Full COVID-19 vaccination protects against Delta variant by nearly 70%; Groups of 8 may be allowed to gather, if fully vaccinated
And Supermarkets to require TraceTogether-only SafeEntry and SafeEntry Gateways.
Market Update: STI down 1.65%
Only Jardine Matheson, Yangzijiang Shipbuilding, and Dairy Farm stayed on the green.
Chart of the Day: 5 of SGX's tech stocks average 25% total return in H1 2021
The 20 most traded manufacturing stocks contributed 20% to the combined average daily turnover.
Singapore property investment volume hits S$9.17b in H1 2021
Residential and industrial transactions boosted investments in Q2.
Singaporean Gen Z prioritises health over career: survey
Two in three believe having healthy skin is an important aspect of overall health.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform