News
What motivates Singaporeans to increase travel spending
What motivates Singaporeans to increase travel spending
The top reason is to see their friends and family.
Singapore’s life insurance premium down 17% in the first half of 2023
Single-premium policy’s performance dragged the overall sector’s result.
ST Eng'g net profit up 0.2% to S$280.6m in H1; interim dividend is 0.4 cents
The urban solutions and satcom segment saw an EBIT loss of S$34m.
Singaporeans increase travel spending by $325
Over 42% of Singaporeans polled said they would spend more on travel in 2023.
CLI’s PATMI down 19% to $351m in H1
The PATMI was attributed to improved operating performance in most sectors.
Bumitama Agri’s net profit down 45.4% YoY in H1
It went down to IDR 759.76b ($67.34m) in the first half (H1) of 2023.
UOL’s net attributable profit shrinks to $135m in 1H23
Lower attributable fair value gains on its investment properties drove the 64% YoY decline.
Nanofilm Technologies captures $7.6m net loss in 1H23
The company attributed its loss to a softer consumer electronics market.
First Resources’ net profit falls 44.1% YoY to $71.5m in 1H23
The company’s sales likewise fell during the period.
Sasseur REIT’s DPU drops 2,6% YoY in 1H23
On a like-for-like currency basis, DPU would have been higher by 8.1% YoY.
Sembcorp Industries enters MSCI Singapore Index
It will be included in the index on 1 September.
CLI clinches $1.3b equity commitment for its private funds
To date, CLI has raised a total equity of $3.2b.
MTI narrows 2023 GDP growth forecast range to 0.5%-1.5%
‘Weak external demand outlook’ for the rest of 2023 was cited as the reason for the move.
Daily Markets Briefing: STI up 0.25%; SIA is top stock
Singapore Airlines was trading at 2.64% up.
More HDB flats to be resold over $1m: analysts
Million-dollar flats may make up 1.6% of total HDB resale volumes in 2023.
ThaiBev’s EBITDA fell 3.4% YoY in 9M FY23
This is despite a 3.8% increase in revenue during the period.
OPNFI pioneers embedded finance in Southeast Asia
Exclusive interview with OPNFI co-founders Amit Sharma and Kaustuv Ghosh sheds light on their innovative approach to financial inclusion.
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