News
Keppel to hand over Russia's first LNG bunkering vessel
Keppel to hand over Russia's first LNG bunkering vessel
The vessel will be the fourth built in house by Keppel Offshore & Marine.
89% Singaporean Gen Zs believe COVID-19 highlighted inequalities
One in four of them want to be the person to change the world.
Sinarmas Land net profit rebounds to $123.04m
This is a massive improvement from the $1.3m recorded for the same period last year.
First Resources net profit down 16.7% amidst volatile palm oil prices
First Resources’ reported a net profit of $32.6m for the first half of the year.
Diamond marketplace LUXIEE bags $5m in latest financing round
The funds will help launch its interest-free instalment facility, LUXIEEPAY.
Olam Group EBIT jumps 51.4% to $641.6m
The company plans to list Olam Food Ingredients in both the London Stock Exchange and SGX soon.
Genting Singapore profit bounces to $88.21m after H1 2020 loss
The group suffered a $116m loss in the same period last year.
Cromwell European REIT net property income up 11.4% to $102.49m
Its income was driven by higher revenue from freshly acquired assets in Italy, the Czech Republic, and Slovakia.
Daily briefing: SG’s richest 50 gets richer by 25%; Starlux SG-Taipei flight takes off in September
And ventilator firm founder is SG’s wealthiest person in 2021.
Market Update: STI Up 0.12%
Singtel, CityDev, and ST Engineering lead with the most growth today.
City Developments Ltd. suffers $32.1m loss for H1
The company points to a deferred tax credit of $17.6b as the factor for this loss.
Retail rents slips 2.4% in H1 2021: Colliers
Average retail rents were expected to decline 1.8% by 2021.
Manulife posts DPU of 2.7 US cents
The amount is 11.5% lower than the amount recorded last year.
Deliveroo SG plans to upskill 1,000 riders by 2021
To date, 300 Deliveroo riders have completed their training from a choice of 700 free online classes.
SME software spending increases exponentially by 324% in 2020
SMEs also spent more on organisational growth tools and employee salaries last year.
Singapore life insurance records whopping $1.97m in sales
This accounts for a YoY 61% growth in H1 2021.
HBD offers 4,898 build-to-order flats
Experts expect projects at Queenstown, Hougang, and Kallang/Whampoa to be popular.
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Commentary
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