News
CDL's profit plunged 99.1% to $3.15m in H1
CDL's profit plunged 99.1% to $3.15m in H1
Hotel operations accounted for 82% of the drop in revenue.
SIA Engineering senior management takes on more pay cuts
Cuts on senior vice presidents, executive vice president and the CEO rose to 20%- 30%.
Olam posts 44.4% profit growth to $332.7m in H1
It was thanks to a net exceptional gain of $130.6m from the divestments in Far East Agri.
PropNex's profit spiked 96.1% to $7.26m in Q2
Revenue also rose thanks to increased commission income from project marketing services.
United Hampshire US REIT's NPI hit $15.52m from March-June
Its inaugural DPU came at US$0.0178.
Yanlord's profit down 59% to $97.41m in H1
They recorded a decline in average selling price per square metre.
Temasek and Bayer form new agribusiness venture
Dubbed as Unfold, it utilises the seed genetics from vegetable crops to develop seed varieties.
Listed, local, and international firms hailed at the Singapore Business Review Awards
Over 25 firms were awarded in the first-ever digital awards presentation.
Shrewd investors nab Singapore shophouses as prices drop by up to 32.7% in 1H20
Freehold shophouse prices were at S$2,692 per square foot.
Daily Markets Briefing: STI up 0.75%
Medtecs International led the gains amongst top active stocks with a 44.61% jump.
Chart of the Day: Around 4.3 million sqft of office supply in the works
The market will face a huge supply coming on board in 2022.
Daily Briefing: SIA offers cabin crew early release and retirement; BondEvalue launches bond exchange platform BondbloX
And foreign workers resume certain types of work without needing BCA approval.
Nearly 9 in 10 employees look to upskill or re-skill
Over half of these respondents aim to improve their digital skills.
Household spending growth weakens as consumers focus on essentials
Purchases are concentrated on food and health products.
Condo rents slipped 0.9% in July
Rents in the CCR and OCR fell.
OCBC, Amundi float dollar cost averaging fund in Singapore
It leverages the cost-averaging effect when it allocates assets to equity ETFs.
Ascendas Reit launches $7b Euro medium term securities programme
It will finance or refinance the trust’s acquisitions and/or investments.
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