News
Sembcorp Marine suffers net loss of $1.17b in FY2021
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.
Hongkong Land joins initiative to limit temperature rise to 1.5°C
The campaign is spearheaded by the Science Based Targets initiative.
Hong Leong Asia’s earnings rise 28.6% YoY to $60.1m
With the increase, the bard proposed a final dividend of $0.02 per share.
Market update: STI up 0.71%
Sembcorp Industries was seen with the most growth.
Chart of the day: HDB resale flats price index grows 3.4% in Q4 2021
This is due to the low supply caused by construction delays.
Financial services M&A deals reached $12.61b in 2021: KPMG
The deal value skyrocketed from $2.86b in 2020.
ESR-REIT and ARA LOGOS unitholders to discuss proposed merger
The meeting will be held on 21 March 2022.
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