News
Great Eastern’s profits down 30% to S$784.2m in FY2022
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.
CHART OF THE DAY: Only 38% of Singaporeans prefer buying online vs in-store shopping
Online-first buyers in Singapore are likely to try new brands.
Singtel rolls out first 5G-enabled smart retail showcase
It will help enhance retail workflows.
Sembcorp Industries’ underlying net profit jumps to $883m in FY22
The company attributed the increase to higher contributions from two segments.
Foreign wholesale trade falls 5.9% QoQ in Q422
Most wholesale trade industries recorded QoQ declines in foreign sales.
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