News
F&N's full-year profits jump 24.4% to $153.19m
F&N's full-year profits jump 24.4% to $153.19m
Its dairies segment accounted for most of its revenue.
Sembcorp Industries profits sink 13% to $71m in Q3
Lower revenues from rigs and floaters dragged on turnover growth.
Wilmar International profits rise 10% to $608.4m in Q3
It sold off its discontinued operations in Brazil.
Singapore inks intellectual property deal with Japan
Japanese firms will have access to IPOS International’s patent search and analysis services.
Chart of the Day: Almost half of condo units sold in Q3 priced $1m-$1.5m
This is a result of an increase in the proportion of smaller units being sold.
Daily Markets Briefing: STI down 0.87%
ComfortDelGro saw the sharpest decline amongst top active stocks with a 2.52% fall.
Daily Briefing: Orchard Road is world's 16th priciest retail street; AML startup Silent Eight bags $8.45m in series A funding
And fingerprints and facial immigration clearance will soon greet travellers in Singapore airports by 2025.
Singapore fintechs took up 51% of funding in ASEAN as of Q3
Singapore Life’s $150.39m funding was amongst the year’s notable deals.
Yanlord profit plummeted 94% to $11.41m in Q3
Lower GFA delivery dragged it down.
The Arcade in Raffles Place to be tendered for $780m
The property’s management team says the building needs a revamp.
SATS profit down 7.6% $60.7m in Q2
Operating profit slid 1.5% no thanks to lower contributions from its food solutions business..
OUE C-REIT's NPI up 54.8% to $50.1m in Q3
This was mainly due to contribution from the OUE Downtown office.
How luxury brands are turning old inventory into opportunity whilst staying environmentally sustainable
OnTheList ties up with brands like Jimmy Choo and Armani for weekly, members-only flash sales.
City Developments profits down 33.7% to $114.96m in Q3
The property development segment generated lower gross profits.
MAS launches framework to promote AI and data analytics adoption
It will enable financial institutions to evaluate their AIDA-driven solutions against FEAT principles.
ComfortDelGro's profits down 10.8% to $70m in Q3
This was due to higher losses in the rail business and competition in the taxi business.
Temasek prices 12-year and 30-year euro bonds at 0.5% and 1.25%
Both issuances were oversubscribed.
Commentary
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