News
Frencken Group’s profit down 17.3% in H1 22
It posted $26m earnings in the first half of 2022.
Gov’t edges up expected growth for exports, merchandise trade
This is whilst rising oil prices and high global semiconductor demand continue.
Chart of the day: HDB rents rises by 1.5% MoM in July
Overall YoY rents increased by 19.1%.
Market update: STI up 0.38%
Yangzijiang Shipbuilding took the lead.
Far East Orchard improves earnings in H1 due to border opening
Its earnings reached $8m compared to $1.9m loss in the previous year.
OUE Limited’s earnings up to $88.7m in H1 22
It went up by more than 100%.
CDL bounces back with record $1.1b earnings for H122
The H122 earnings are the company's highest PATMI since 1963.
Hong Leong Asia’s China Yuchai H1 revenue falls 32.2%
The fall in revenue was attributed to lower motor sales in the half-year.
Sri Trang Gloves’ net profit falls 90% in H1 22 amidst low average selling price
Its net profit reached $62m (THB1.6b) in the first half of 2022.
Singapore life insurance contracts by 1.9% YoY in H1 2022
New business premiums hit $2.63b.
Trendale Tower for sale with $178m guide price
Tender closes on 13 September at 3PM.
CapitaLand Investment Limited reports S$346m PATMI in H1
Despite lower profits, CIL is on track to reach its target of S$100b funds managed by 2024.
Condo rents climb for 19th consecutive month
It rose by 1.7% MoM in July.
Sutton Place up for collective sale at $285m
It will be sold by way of a public tender.
Manulife net income down to $1.1b in Q2
Core earnings also fell 9% year-on-year during the quarter.
Economy grows at faster pace in Q2
It grew 4.4% from 3.8% in Q1.
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?