News
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.
ESR-REIT and ARA LOGOS unitholders to discuss proposed merger
The meeting will be held on 21 March 2022.
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.
CapitaLand Investment posts 2021 net profit of $1.35b
It reversed the net loss of $559m in 2020.
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.
ST Engineering joins forces with Strides to pursue global transpo projects
They entered an MOU for overseas rails, roads, and EVs.
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.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform