News

Market Update: STI up 1.07%

ThaiBev and Yangzijiang Shipbuilding took the lead as the index closed today.

Edtech startup Flying Cape bags $2m in Series A funding round

The funds will scale Flying Cape’s operations in China and SEA.

Restructuring of CLI to unlock substantial long-term value: CapitaLand CEO

CapitaLand plans to restructure and list CLI to include its investment management platforms and lodging business.

CEREIT secures foray into UK Logistics

Cromwell European REIT takes the first step towards establishing a foothold in the logistics industry.

Prime US REIT distributable income slips 1.3% YoY in H1, remains stable

Prime said its gross revenue and net property income also remained stable.

China Aviation Oil recovery pushed back to FY 2022: DBS

DBS Group Research cut the jet fuel trader’s profit projections by 26% for 2021.

OCBC net profit soars by 86% to $2.6b in first half

The net profit growth was driven by a robust banking and insurance performance.

Manufacturing sector keeps hopes high for H2

Electronic firms at 40% were the most optimistic in facing the remaining half of the year. 

Grab breaks company record with strong Q1 results

As it prepares for its initial public listing, Grab announced milestone results in Q1 2021.

UOB net profit up 29% to $2b in first half of 2021

Its wholesale banking revenue was driven by large corporate and institutional clients from Singapore and Greater China.

Market Update: STI down 0.41%

Sembcorp Industries and Wilmar International took the lead at the closing of today’s index.

Are next-gen Singaporeans keen on investing?

One in two among people aged 18 to 35 said it is important to invest early.