News
Wilmar International’s net profit rises to US$2.4b in FY22
Wilmar International’s net profit rises to US$2.4b in FY22
The group attributed the increase to higher profit from all its key segments.
Nanofilm’s revenue dips 3.8% YoY to $237.4m in FY22
The company attributed the decline to four factors.
SG, India enable real-time cross-border payments
This is possible with the linkage of PayNow and India’s Unified Payments Interface.
Employment rate of graduates declines in 2022
Over 93% were employed according to the latest poll.
Genting Singapore net profit rockets 85% for FY2022
The increase in international tourists in Singapore is the cause behind the growth
Daily Markets Briefing: STI down 0.06%; Yangzijiang is top active stock
Yangzijiang Shipbuilding was at the top whilst SATS had zero securities value.
Weak demand from major export destinations hits NODX momentum: UOB
Non-oil domestic exports (NODX) declined 25% in January 2023.
CHART OF THE DAY: Only 38% of Singaporeans prefer buying online vs in-store shopping
Online-first buyers in Singapore are likely to try new brands.
Singtel rolls out first 5G-enabled smart retail showcase
It will help enhance retail workflows.
Sembcorp Industries’ underlying net profit jumps to $883m in FY22
The company attributed the increase to higher contributions from two segments.
Foreign wholesale trade falls 5.9% QoQ in Q422
Most wholesale trade industries recorded QoQ declines in foreign sales.
Domestic wholesale trade dips 3.3% QoQ in Q422
Most wholesale trade industries recorded QoQ declines in domestic sales.
Younger population’s priority is growing their money
Less than half of those aged 18 to 24 want to understand investments.
Orchard Tower fails to sell
It did not obtain the required threshold for the collective sale.
SingPost’s group revenue rises 2.4% QoQ to $495.1m in Q3
The company attributed the increase to the growth in its logistics revenue.
SG startups can participate for world’s largest startup competition
The top 30 startups in the competition can be considered for $6.6m investment.
SATS wants to stop trading
It has yet to reveal its reason for issuing a request.
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