News

Market update: STI up 0.71%

Market update: STI up 0.71%

Sembcorp Industries was seen with the most growth.

Chart of the day: HDB resale flats price index grows 3.4% in Q4 2021

This is due to the low supply caused by construction delays.

Financial services M&A deals reached $12.61b in 2021: KPMG

The deal value skyrocketed from $2.86b in 2020.

Frencken Group Limited’s PATMI rises 38% YoY to $58.7m

Excluding a loss of $6.2m in FY2020, PATMI would’ve increased 20.4% in FY21.

SingPost’s operating profit rises 46% YoY to $38m

The increase was driven by higher profit in domestic post and parcel.

What to expect from newly opened Hilton’s largest hotel in APAC

The Hilton Singapore Orchard has 1,080 rooms and suites and enhanced facilities.

First Resources Limited’s full-year profit soars 61.6% YoY to $218.23m

This is on the back of its record-breaking sales of $1.4b in FY21.

MFA urges Russia to 'peacefully' settle dispute with Ukraine

The government urges parties to settle the dispute peacefully.

SIA sees first quarterly profit of $85m since pandemic onset

Thanks to an increased demand for air travel in December 2021. 

CDL hits earnings with $129.7m H2 profits

It also achieved an all-time high record of 2,185 units sold for the year.

Pine Grove Parcel A site tender could attract bids as high as $637m

This amount translates to a land rate of $1,250 psf per plot ratio.

Chart of the Day: Top 10 industries with most salary growth in 2021

Almost 50% of SG jobs show pay growth, JobStreet reported.

Market update: STI down 3,274.62

The entire Straits Times Index is in the red as Russia invades Ukraine.

Nanofilm net profits grow to record high 8% in 2021

Their H2 2021 results also showed a 145% rebound compared to the first half of the year.