News

Market update: STI up 1.12%

Market update: STI up 1.12%

Sembcorp Industrial was seen with the most growth.

Jardine C&C's 2021 profit attributable to shareholders 83% higher

However, it remains 9% lower than pre-pandemic levels. 

Development charge rates for commercial industry, residential raised

Real estate experts say these hikes were within expectation. 

ComfortDelGro doubles net profit to $130.1m in 2021

The group attributed the 114% growth to their services bouncing back.

Bank, trade sanctions to counter peaceful settlement in Ukraine: Russia

The Russian Embassy posted its reaction to Singapore's sanctions on Facebook. 

Keppel Group, Sovico Group partner to roll-out energy solutions

The companies signed two MoUs for a large-scale decarbonisation in Vietnam.

Golden Agri’s net profit surged to $645.5m in 2021

Upstream and downstream businesses contributed to Golden Agri’s stronger performance.

How the Russia-Ukraine conflict will affect the economy

The crisis has clouded SG’s economic outlook, according to Trade Minister Gan.

Mapletree Logistics Trust boosts South Korea presence with $100.3m acquisition

The company's e-commerce revenue exposure in South Korea is expected to increase to 36%.

UMS net profits shoot up 59% to $57.6m

Net profit attributable to shareholders is at an all-time high of $53.1m.

UOL net attributable profit inflates exponentially to $307.4m for FY2021.

Property development revenue increased by 67% to $1.6b. 

Sinarmas Land net profit jumps 33.8% to $235.4m in 2021

The group's debts also decreased significantly with a net debt-to-equity ratio of 8.7%.

Prime home prices rise 3.5% in 2021

In 2022, analysts expect prices to rebound by 2.0%.

SG climbs to 7th rank in City Wealth Index

The city also overtook Hong Kong as the second top Asian city.

Yanlord Land Group profit up 10.5% YoY to $867.77m for FY 2021

There was 2.5% increase in profit attributable to owners of the company.

Singapore, Vietnam sign MOU to boost economic, trade ties

This includes managing business partnerships and deepening agri-trade cooperation. 

Two freehold commercial units in East Coast up for sale at $23.8m guide price

The sale will be conducted through an Expression of Interest exercise.