Singapore
Great Eastern reveals 102% higher earnings for H1
Great Eastern reveals 102% higher earnings for H1
However, its Q2 profit fell by 22% to $232.3m.
GuocoLand, OCBC, Doxa to develop digital platform for dev’t projects transactions
This will be ready by October and will be piloted through Meyer Mansion.
Is SIA on a runway to recovery?
The flag carrier narrowed its net loss to $409m for the first quarter.
86,600 SG residents jobless in June amidst heightened alert and Delta jitters
Total employment fell in the second quarter by 15,700.
Daily briefing: Entry-level social workers’ monthly median salary up to $3,600; SG extends more support for COVID-hit low-income households
And Singtel rejects offer to buy its shares in Thailand’s biggest phone company.
Market Update: STI down 0.37%
China-based Yangzijiang Shipbuilding and Hongkong Land led the index on the first trading day of August.
SG bank loans expand by a record-breaking 3.5% in June
This is the fastest rate of expansion since October 2018.
PLQ's newest robot resident Oscar to assist mall goers
The AI-enabled robot can provide wayfinding services and admonish illegal smokers in the area.
Sembcorp sees positive net profit in H1 despite impairment in Chongqing power plant
It will release its unaudited financial results on 6 August.
Dover Forest BTO flat launch price could go as high as $700k
OrangeTee says more young people are aspiring to live in mature estates.
Services sector remain optimistic for July to December
A net weighted balance of 11% of the firms gives a “favourable business outlook” expectation.
Yangzijiang secures US$1.08 b orders for 12 vessels in July
It has also signed a letter of intent for five units of another vessel.
Keppel Corp posts plans to acquire SPH ex-media for $2.2b
The proposed transaction is expected to be completed by December 2021.
SG issues tighter COVID-19 safety measures for F&B operations
This is after a two-week suspension of operations due to COVID-19.
Sheng Siong buys new property in New World Centre for $17m
To date, the purchase is 10% paid.
Daily briefing: Biden appoints US ambassador in Singapore; Employment expands in Q2 but at slower pace
And firms say discount for vaccinated people not discriminatory.
Market Update: STI closes flat at -0.01%
This is the last trading day before the ghost month.
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