News
StarHub net profit up 62.6% to $37m for Q2
StarHub net profit up 62.6% to $37m for Q2
The company recorded continued growth in all of its business divisions.
SingPost EBIT slips by 2% to $21m
Its international post and parcel business continue to be affected by disruptions caused by COVID-19.
F&B sales slump to 7.3% for month of June
This follows May’s 46.4% growth in sales.
OCBC issues A$500m senior floating green notes at 0.26% rate
The notes will be issued in its Sydney, Australia branch.
Fintech startup STACS joins Mastercard’s startup engagement programme
STACS is amongst seven startups globally that were admitted into the programme.
MPA, SMI co-fund 3 consortiums for harbour craft electrification
This will support Singapore’s plans of reducing greenhouse gas emissions by the maritime transport sector.
Hong Leong Finance net attributable profit up 22.4% to $44.7m
The company ranks 665th in the Top 1000 World Banks 2021.
Singapore Fintech Festival 2021 to discuss Web 3.0 for financial uses
It will take place from 8 to 12 November as a hybrid event.
Singapore banks post robust net profit results
All three major banks reported net profits of more than $2b for the first six months of 2021.
Daily briefing: Singaporeans to get rental support payouts starting 6 August; HK media firm moves to SG
And MoM said employers cannot join maid in medical exams.
Market Update: STI Down 0.45%
ThaiBev and DBS lead with the most growth today.
SGX reveals $447m profit for FY2021
It points toward expansion as the driving factor of their success.
Keppel, SPH merger a good deal for both: UOB Kay Hian
Keppel is set to fully acquire SPH’s non-media businesses by end-December if shareholders approve.
ESR acquisition of ARA to make it largest real asset manager in APAC
ESR Cayman Limited is set to acquire ARA Asset Management for US$5.2b.
HDB resale prices jump 13.2% in July amidst ‘price bidding wars’
A total of 19 HDB flats were resold for at least $1m.
DBS profit up 54% to record S$3.71b in H1, 33 cents DPS announced
Fee income rose to a record as wealth fees hit new heights.
ST Engineering, Temasek set up freighter leasing joint venture firm
They will both have 50% share in the JV company.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation