Singapore
Thomson Medical Group achieves 1H22 PATMI of $12.5m
Thomson Medical Group achieves 1H22 PATMI of $12.5m
This is a 54% rise from the same period last year.
ExxonMobil chosen as supplier of sustainable fuel for Singapore aviation
This marks the pilot on the use of SAF, particularly used oil and waste animal fats, in Singapore.
Budget 2022 unlikely to deviate from last year: OCBC
The total expenditure in 2021 was estimated at $102.3b or 20.2% of GDP.
Market update: STI down 0.19%
DBS was seen with the most growth.
Lendlease acquires additional plot within TRX
This is the second joint-venture agreement between Lendlease and TRX City Sdn Bhd.
SG to host Asia-first XM innovation hub
SAP, Qualtrics, and the EDB commit $14m for experience management (XM) innovations.
Jefferies sees QoQ bottom line decline for UBS, OCBC, and DBS in 4Q21
Among the reasons for the decline is the weaker non-intertest income of banks.
FLCT overseas vacancy rates remain tight in Q1 2022
Logistics properties in the UK, Europe, and AU remain at 100% occupancy.
Singaporeans want more biometric payment cards —survey
Latest industry survey reveals 88% of Singaporeans prefer biometric cards.
First REIT’s net income rises 29.4% to $100.2m in FY2021
Despite this, the REIT’s DPU dropped 37.1%.
Changi Airports International authorises re-auction of Concessionária Aeroporto Rio de Janeiro
The current concession is up for a 25-year term till 2039.
Acquisition dispute: Keppel unit pursues arbitration action vs SPH
The move came after SPH terminated an implementation agreement related to Keppel’s takeover bid.
Commercial real estate acitivty soars 177% to $12.09b in 2021
The sale of One George Street drove the market turnaround.
Daviscomms wins SBR Designed in Singapore Award for Healthcare
Daviscomms won the Designed In Singapore Award in Healthcare for its efforts to improve personal protection of the elderly through its MD5 Mobile Personal Emergency Response Device.
Market update: STI up 0.28%
HongKongLand was seen with the most growth.
HDB resale prices up 1.1% MoM in January 2022
At least 27 HDB resale flats were transacted for around $1m.
Manulife H2 2021 a miss: Maybank
But improvements in operations were seen due to strong leasing momentum.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia