News
Globe raises $410m in stocks rights offer
Globe raises $410m in stocks rights offer
Singtel and Ayala Corporation are the company’s principal shareholders.
Non-resident workers in construction and manufacturing boost employment in Q3
Based on advanced estimates, total employment expanded by 75,600.
After mitigating cost pressures, Raffles Medical records 62.1% net profit growth
One of the biggest medical groups posted a net profit of $38.3m.
Chart of the Day: More Singaporeans plan to travel abroad in 2023
A study found that 52% intend to travel internationally next year.
Daily Markets Briefing: STI up 1.57%; Keppel Corp on top
Keppel Corp led the index with 4.66% gains.
Changi Airport reaches 62.6% of pre-COVID traffic in September
The airport handled 3.42 million passenger movements.
SGX Group enters deal to license MSCI Climate Action Indexes for listed future contracts
Through the agreement, the bourse will also develop a range of climate-related products.
Keppel, NUS, NTU eye development of a floating hybrid renewable energy system
The parties will study the technological and economic feasibility of its development.
Starhill Global REIT’s net income rises 8.4% YoY to $37.2m in Q1 FY22/23
The completion of asset enhancement work at The Starhill contributed to the increase.
SG retains its title as 3rd largest global FX centre
It ranked behind the United Kingdom and the United States.
CapitaLand Investment enters joint venture to establish Asia-focused self-storage platform
The initial equity investment is worth $570m.
E-commerce related phishing on the rise: Kaspersky
In Q2, the number of phishing attempts rose by almost 50%.
Keppel inks revised deal on merger of its O&M division with Sembcorp Marine
The revised deal will accelerate the completion of the merger.
Private residential prices rise 3.8 YoY in Q3: URA
The increase was higher than URA’s initial estimate of 3.4%.
MPACT’s net income jumps 44.9% YoY in H1 FY22/23
The “all-rounded” improvements in the trust’s Singapore properties drove the increase.
UOB’s net profit soars 34% YoY in Q3
The increase was driven by strong net interest income amongst others.
Trade challenges weakened manufacturing production: analysts
Decrease in exports and decline in manufacturing index affected manufacturing.
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