News
2Y SGS bond ‘attractive enough’ to draw demand: UOB
The June 25 bond was first issued in 2015 but was retapped.
Daily Markets Briefing: STI declines 0.27%; Yangzijiang is most active stock
Yangzijiang Shipbuilding is still the top stock.
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.
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections