Staff Reporter
Sasseur REIT DPU dips 1.6% after negative impact from China lockdowns
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.
Foreign workers pushing HDB rental volume up
In July, rental volume increased by 11.1% MoM.
Frencken Group’s profit down 17.3% in H1 22
It posted $26m earnings in the first half of 2022.
Why the 2022 GDP growth forecast was narrowed to 3.0%-4.0%
The previous forecast was 3.0% to 5.0%.
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.
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