News

2Y SGS bond ‘attractive enough’ to draw demand: UOB

The June 25 bond was first issued in 2015 but was retapped.

SATS to raise S$798.8m in rights issue for WFS acquisition

Entitled shareholders will be allotted to subscribe for 323 rights shares for every 1,000 existing shares.

Great Eastern’s profits down 30% to S$784.2m in FY2022

CEO Khor Hock Seng said that volatility of global financial markets impacted earnings.

ComfortDelGro driving centre rolls out first electric motorcycle course

It will be for motorcycle riders who hold Class 2A or 2B licences.

Steady earnings recovery expected for ComfortDelGro: analyst

RHB expects a net profit of $24m for ComfortDelGro.

Frasers Property secures 5-year SLL financing for Australian business

The SLL is worth $311.2m (A$340m) and $100.4m (US$75m).

SIA Group's net profit soars 12.7% QoQ to $628m in Q2FY22/23

The company attributed the increase to better operating performance, amongst others.

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.