Singapore
CDL bounces back with record $1.1b earnings for H122
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.
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.
Total merchandise trade up 28.1% in Q2 22
This followed the 20.8% growth in the previous quarter.
Investors to get better assurance from Singapore despite macroeconomic woes
Economy grew by 4.8% year-on-year in the second quarter of 2022.
Rising interest rates push buyers out of the resale market
In July, condo resale volume dropped 6.7% MoM.
Chart of the day: OCR logs largest volume for condo resale in July
The highest resold condo in the region cost $3.4m
Market update: STI up 0.37%
ThaiBev had the most growth for the day.
Maybank enables Singapore, Malaysia card users to link with ApplePay
This includes users of Mastercard and Visa credit, debit, and prepaid cards.
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