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DBS, OCBC, UOB: Who performed best in Q4 2021?
DBS, OCBC, UOB: Who performed best in Q4 2021?
One of the three failed to meet market expectations.
Chart of the day: Service industry business receipts grew 15.4% YoY in 2021
The business receipts indices from 2019 to 2021 showed an upward trajectory.
Market update: STI down 1.65%
ST Engineering was seen with the most growth.
Elite Commercial REIT invests $22.7m to improve UK-occupied assets
The asset enhancement works will take about three years.
Government to block certain Russian banks, financial transactions
It is also imposing export controls on items that can be used as weapons.
Dasvidanya! SIA suspends Moscow flights
There shall be no flights to the Russian capital starting 28 February.
Sembcorp Marine suffers net loss of $1.17b in FY2021
The group attributed this to supply chain constraints and cost provisions of $839m.
IMDA’s CTO-as-a-Service now open to all SMEs
CTO-as-a-Service has consultancy services that assist SMEs to shift to digital.
Olam posts all-time high operational PATMI 41.8% increase to $961.1m
Thanks to the group's reorganisation.
CapitaLand Development inks $1.3b deal to develop parks, towns in Vietnam
It includes the evaluation of 400-hectare greenfield sites in Bac Giang Province.
UOB to facilitate $3.3b pipeline of investments in Vietnam
This is expected to create 13,000 jobs in the country.
SG signs digital economy deal with UK
The agreement included cooperation on innovations like AI and fintech.
Sabana Industrial REIT bags $150m sustainability-linked loan from HSBC
It comprises a 4-year tranche of $75m and a 5-year tranche of $75m.
Yangzijiang Shipbuilding’s earnings jump 47% YoY to $1.19b in FY 2021
This is the shipbuilding group’s highest net profit since 2011.
Service industry business receipts grew 15.4% YoY in 2021
Meanwhile, on a QoQ basis, business receipts grew 7.2%.
Manufacturing output falls 10.7% MoM in January
Excluding biomedical manufacturing output fell 0.2% MoM.
MAS bans ex-OCBC representative for fraud and dishonesty
She has been handed a five-year prohibition order.
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