News

Chart of the day: Grab brand reputation falls after grace waiting period shave

Brand satisfaction fell by 14 points from 27.4 to 13 last 1 August.

Market Update: STI down 1.04%

City Developments Limited posted the most gains.

Private warehouse rents up by 2.1% in Q2 22 

Occupancy level grew 91.4% in the second quarter of 2022.

Multiple-user factory rents posted highest quarterly, yearly growth since Q3 2013

Rental indices for factories went up 2.1% quarter-on-quarter.

Keppel to invest $445.3m in German offshore wind farm

The investment will be split between Keppel and its trust unit.

First Resources' net profit soars 293.1% YoY to US$128.0m

Stronger palm oil prices gave the company a boost.

Sembcorp Marine narrows net loss to $143m in H122

In H121, the company recorded a net loss of $647m.

Sasseur REIT DPU dips 1.6% after negative impact from China lockdowns

However, it still reported a DPU of $3.410, the highest half-year DPU in four years.

Grab unveils US$1m GrabScholar programme, new GrabMerchant Centre

The superapp aims to support small businesses and upskill the future workforce.

Business park rents rise 0.2% QoQ

Demand for the property was driven by technology and biomedical firms.

Olam Group PATMI up by 1.8% in H1

Revenue for the half-year increased by 24.6%.

ThaiBev revenue climbs 8.2% in past nine months

Revenue was boosted by the easing of COVID-19 measures in Thailand and Vietnam.

Atome Financial secures US$100m debt facility with HSBC Singapore

It operates buy now pay later platform Atome and Indonesia’s Kredit Pintar.