News
Frasers Property Limited posts attributable profit of $928.3m in FY22
Frasers Property Limited posts attributable profit of $928.3m in FY22
This translates to a dividend of $0.03 per share.
First Resources Limited’s net profit surges threefold to US$253.8m in 9M 2022
EBITDA is also 91.2% higher than a year ago.
SG inks sustainability and innovation pact with Germany
They will promote private sector-led collaborations across sectors such as advanced manufacturing.
Sembcorp unit to acquire Vector Green for $474m
Vector Green has renewable power generation assets across 13 Indian states.
Yangzijiang Shipbuilding new order wins more than doubled 2022 target
The total year-to-date (YTD) order wins was at $5.7b.
Daily Markets Briefing: STI up 1.74%; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding was the top active stock with a 7.81% increase.
Chart of the day: Older firms are more likely to have corporate websites
Only three out of 10 firms who are aged 5 years or younger have websites.
OCBC Bank, NTU Singapore enter $5m research collaboration
They aim to develop solutions for sustainability, data privacy, and cyber security
Genting Singapore profit more than doubles in Q3
This is due to the recovery of regional travel.
Sasseur REIT posts highest Q3 DPU in four years
The DPU for Q3 was $0.01838.
Keppel O&M unit inks $155m worth of bareboat charter contracts with ADES
The contract will run for five years.
Frasers Logistics & Commercial Trust DPU down 2.8% in H2 FY22
It posted 3.77 cents of distribution per unit.
Cromwell E-REIT's distributable income falls 0.4% YoY to €24.179m in Q3
This is despite recording a 4.1% YoY increase in its net property income.
MAS, NY Fed to experiment on the use of whole CBDCs to enhance cross-border payments
The project aims to significantly reduce settlement risk.
Commercial investment volumes rise 30% YoY to US$1.5b in Q3: MSCI
Singapore ranked 6th amongst APAC countries with the highest investment volume.
Rebound in supply shortage raises ride-hailing fares: analyst
This even as the pump prices are easing.
Singapore rental index for private homes rise to highest in 24 years
Rents for landed and non-landed homes are 10.9% and 8.3% higher, respectively.
Commentary
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?