News
SG, 6 other countries join hands to support recovery of aviation sector
SG, 6 other countries join hands to support recovery of aviation sector
The countries will collaborate on eight initiatives
Market update: STI up 0.35%
ComfortDelGro was on top of the index.
The Straits Times Index closed at 3,202.34, up 0.35%, on 17 May 2022.
Iron, steel trade up by 58% to $6.7b: Second Minister Tan
The government seeks to retain Singapore as a trading hub for the ferrous sector.
SingPost's international post and parcel business to gradually recover
Easing of border restrictions helped with the recovery.
Exports growth slows to 6.4% in April
In March, exports rose by 7.7%.
1 in 3 Singapore organisations lost up to $1.348m from data breaches
More than half of the attacks were credential hijackings.
MNACT, MCT unveil '4R' post-merger strategy
The strategy includes changes in their divestment and acquisitions plans.
DBS to launch 5 partnerships to enhance SMEs’ digital supply chain capabilities
SMEs from Singapore, Hong Kong, China, Indonesia, and India will benefit.
Muted earnings growth for Bumitama Agri seen in Q2 due to export ban
The export restrictions will result in lower sales volume.
Investing: Why CapitaLand Investments would be a good buy
The real estate manager saw its revenue grow by 23% YoY to $665m in Q122.
Singapore, Pacific Alliance’s work plan to boost digital economy, green energy
Both parties will review the work plan to ensure progress.
MAS task force opens public consultation on 2nd Green and Transition Taxonomy
The second version details criteria and thresholds for three sectors.
Market update: STI up at 0.82%
City Developments Limited reported the most growth.
ThaiBev net profit rose by 20% in Q2 as gov’t restrictions loosen
Net profit went up to $285m (THB 7b).
Net asset value for MCT units to increase to $1.81 after merger with MNACT
The estimate is based on the unaudited FY21/22 results of MNACT and MCT.
STB adopts Google Cloud Immersive Stream
The service can be used to stream immersive augmented reality experiences.
Market Update: STI up 0.91%
City Developments led the charge.
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Commentary
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Liquidity crucial to stock market reform