Singapore
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.
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.
Time for businesses to go beyond WiFi and connect to Private 5G
A private 5G network can provide coverage in spaces with metal obstructions, unlike Wifi.
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