Singapore
Yangzijiang Financial Holding’s net profit jumps 19.2% YoY to $162.5m in 1H23
Yangzijiang Financial Holding’s net profit jumps 19.2% YoY to $162.5m in 1H23
Given the increase, the group also recorded a higher diluted EPS of $0.0439.
Industrial rental growth decelerates to 2.1% QoQ in 2Q23
Higher supply will continue to moderate rental growth, said Colliers.
SC Global Developments brings artsy residential living to Singapore
Cuscaden Reserve’s prices of units start from $2.35m.
UHREIT reveals lower DPU YoY in H1
The retention of a property led to a lower DPU in the first half (H1) of 2023.
CEREIT’s DPU moderately drops by 4.5% YoY in H1
It was hit by the higher interest rates.
Lower almond yields and high-interest rates lower Olam Group’s H1 PATMI
The SGX-listed group posted $47.9m PATMI in the first half (H1) of 2023.
Daily Markets Briefing: STI declines 0.86%; Genting Singapore is top gainer
Genting Singapore traded 3.80% up.
3 reasons why Singapore’s growth momentum will improve in 2H23
RHB expects GDP to grow 2.0% in 2023, a higher estimate than the government's.
Transforming current and future city landscapes in Southeast Asia with District Cooling
Singapore's weather has become a hot topic, both figuratively and literally. In recent months, the nation has found itself at the epicentre of the regional heat challenge. Temperatures even soared as high as 37 degrees Celsius in May of this year; matching a 40-year record for the highest daily maximum temperature in the country.
What motivates Singaporeans to increase travel spending
The top reason is to see their friends and family.
Singapore’s life insurance premium down 17% in the first half of 2023
Single-premium policy’s performance dragged the overall sector’s result.
ST Eng'g net profit up 0.2% to S$280.6m in H1; interim dividend is 0.4 cents
The urban solutions and satcom segment saw an EBIT loss of S$34m.
Small but Nimble: The Future of Regulatory Compliance for Smaller Financial Firms in Singapore
Background
Singaporeans increase travel spending by $325
Over 42% of Singaporeans polled said they would spend more on travel in 2023.
CLI’s PATMI down 19% to $351m in H1
The PATMI was attributed to improved operating performance in most sectors.
Bumitama Agri’s net profit down 45.4% YoY in H1
It went down to IDR 759.76b ($67.34m) in the first half (H1) of 2023.
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