News

Jardine Matheson underlying profit up 65% amidst challenging conditions

Its underlying profit of $832.2m is still 17% below pre-COVID levels.

SIA cuts down net loss to $409m in Q1

The airline saw a net loss of $1.12b in the same period last year.

Keppel’s net profit rebounds to $300m in H1 2021

All of its key businesses were profitable in the first six months of the year.

Market Update: STI up 1.08%

Singtel, Keppel Corp, and OCBC Bank led the Straits Times Index on 29 July.

HR Briefing: Retaining talent in the time of COVID

There seems to be a trend amongst workers looking to switch employers.

Ascendas India Trust NPI rose 5% YoY to S$77.3m in H1

Total property income decreased by 4% but was offset by the decline in expenses. 

Ascendas India Trust NPI rose 5% YoY to S$77.3m in H1

Total property income decreased by 4% but was offset by the decline in expenses. 

S$216m funds raised for startups: EDBI, SEEDS Capital

This is under the Special Situation Fund for Startups investment scheme. 

MAS, BIS publish proposal on global retail payments network connectivity

Called Project Nexus, the blueprint outlines how countries can integrate their retail payment systems onto a single cross-border network.

CapitaLand China Trust net property income up 84.4% to $120.3m

It plans to expand in the coming months, on the back of China’s economic recovery.

ESR-REIT issues $125m fixed rate notes at 2.6% rate

Funds will be used to modernise its portfolio.

MAS lifts dividend cap on local banks, financial companies

Local financial firms are expected to remain resilient even should the economy slip into a recession again.