News
Retail sales climb 1.1% YoY in June
Month-on-month, however, sales fell by 0.8%.
F&B sales growth eases to 7.2% in June
In April, F&B sales grew 8.7% YoY.
FHT’s Singapore portfolio RevPAR grew 76.8% YoY in 9M FY23
The hospitality trust said it exceeded the pre-2020 level by 15.2%.
Starhub net profit up 25.8% to $76.7m; raises EBITDA margin estimates
Service revenue guidance has been lowered to 3%-5%, from 8%-10% before.
Yangzijiang’s profit attributable to shareholders rises 47% YoY to RMB1.7b in 1H23
The company attributed its improved profit to increased shipbuilding activities.
IREIT Global’s net property income drops 10.1% YoY to €22m in 1H23
The REIT attributed the decline to higher property operating expenses.
Sembcorp Industries posts higher net profit of $602m in 1H23
The 1H23 record translates to a 55% jump from 1H22.
Hong Leong Finance SG profits up 3.2% to S$46.57m in H1
An interim dividend of 3.5 cents per share has been announced.
Singapore posts 1.4% QoQ rise in net effective cost of office market: report
It ranked fifth highest in growth.
Singapore is top APAC market with lowest investor risk in Q1
This as the region continues to struggle with economic conditions.
Here are reasons why customers keep getting negative experiences from brands
Marketing materials are too irrelevant.
OCBC reports record net profit of S$3.59b in H1; H1 dividend at 40 cents
The dividend is 43% or 12 cents higher than in H1 2022.
The majority of business leaders have difficulty reaching potential new customers
Certain strategies for reaching customers are no longer effective.
Public bidding to be set for site at 11 Tuas Avenue 18
JTC will launch the site under industrial GLS programme.
Daily Markets Briefing: STI down 0.63%; Sembcorp Industries is top stock
Sembcorp Industries closed trading at 1.27% up.
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