News
Market Update: STI Down 0.52%
Market Update: STI Down 0.52%
CityDev, ComfortDelGro, and ThaiBev lead with the most growth today.
New home sales nearly double in July to 1,589 units
This is the highest sales since January 2021.
ESR enters co-investment agreement to form logistics platform in China
A total of $271.22m is under commitment from ESR.
ThaiBev jumps with 11.5% YoY increase for 9 months FY21
The EBITDA reached a recorded $1.49b (Baht 36.63m).
Sembmarine completes offshore windfarm substations for Orsted
This expands Sembmarine’s footprint in renewable and clean energy.
SingPost to appoint Vincent Phang as CEO
The announcement is to take effect on 1 September.
ComfortDelGro reverses last year’s losses with $91m net profit
The transport company received $57.2m in government reliefs for the first half of the year.
ComfortDelGro reverses last year’s losses with $91m net profit
The transport company received $57.2m in government reliefs for the first half of the year.
Industrial and manufacturing employment soars 60% in Q2
This is due to growth plans across semiconductor chip manufacturers, capital equipment, and electronics makers.
DBS hits all-time high stock price of $31.47
This is the first time a stock traded above $31 per unit for one session.
Daily briefing: SIA halts wage cuts for SG-based staff; New measure renews expiring work permits in construction, shipyard sectors
And Singapore extends COVID-19 assistance to Indonesia.
Capitaland's H1 profit soars to $922.2m from $96.6m
This is a whopping 854.5% increase.
Yanlord posts 54.8% YoY increase in profit to RMB1.6b in H1
This is due to the increase in gross profit and other operating income and the decrease in finance costs.
Golden Agri-Resources posts $710m EBITDA for H1 2021
The recorded EBITDA is a 176% increase from the previous year’s period.
Sasseur REIT income increased 19.7% to $21.6m in Q2 2021
This is due to active leasing activities and improvement in operating performance.
DBS aims to double its investor base in DDEx by end of the year
The DDEx will operate 24/7 to increase trade volume amidst growing client demand.
Hong Leong Asia’s net profit rose 110.4% YoY to S$40.7m in H1 2021
This as its key business recorded higher volume sales and revenue.
Commentary
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?