Singapore
Daily briefing: SG’s richest 50 gets richer by 25%; Starlux SG-Taipei flight takes off in September
Daily briefing: SG’s richest 50 gets richer by 25%; Starlux SG-Taipei flight takes off in September
And ventilator firm founder is SG’s wealthiest person in 2021.
Market Update: STI Up 0.12%
Singtel, CityDev, and ST Engineering lead with the most growth today.
City Developments Ltd. suffers $32.1m loss for H1
The company points to a deferred tax credit of $17.6b as the factor for this loss.
City Developments Posts $9.7mm PBT for H1 2021
This is despite a revenue of $1.2b for H1 2021.
Retail rents slips 2.4% in H1 2021: Colliers
Average retail rents were expected to decline 1.8% by 2021.
Manulife posts DPU of 2.7 US cents
The amount is 11.5% lower than the amount recorded last year.
Deliveroo SG plans to upskill 1,000 riders by 2021
To date, 300 Deliveroo riders have completed their training from a choice of 700 free online classes.
SME software spending increases exponentially by 324% in 2020
SMEs also spent more on organisational growth tools and employee salaries last year.
Singapore life insurance records whopping $1.97m in sales
This accounts for a YoY 61% growth in H1 2021.
HBD offers 4,898 build-to-order flats
Experts expect projects at Queenstown, Hougang, and Kallang/Whampoa to be popular.
Wilmar’s net profit rose 23% YoY to US$750.9m in H1 2021
This is on the back of higher profit from Feed and Industrial Products and Plantation & Sugar Milling.
Singapore exchange-traded funds exceed $10b
The recorded value is double the amount over a two year period.
ST Engineering net profit up 15% to $296.1m
The company secured $3.37b worth of new contracts for the first half of 2021.
Oracle NetSuite hosts premiere webinar on accelerating next level business growth
Oracle executives will discuss how to best upgrade your accounting software to catch the next wave of digital transformation.
Singapore ranks 4th most expensive market to build in Asia
Lion City’s construction market continues to face significant manpower shortages and supply chain constraints.
Daily briefing: Public warned vs. 'pump and dump' scheme; MoH to provide 170,000 Sinovac doses to private healthcare institutions
And 7 maritime firms face sanction for breach of safety measures.
Market Update: STI Down 0.88%
Capitaland leads with the most growth today.
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