News
Karim family acquires House of Tan Yeok Nee
Karim family acquires House of Tan Yeok Nee
The house was the sole survivor of the 19th century Four Houses.
Jardine Matheson’s underlying profit jumps 39% to $2.06b
Given this, the company proposed a final dividend of $2.24 per share.
Dairy Farm's underlying profit drops 62% to $142.7m
This is due to the impact of the reduction in the contribution from Yonghui.
Grab loses its grip with $1.1b loss for Q4
Around $3.6b total loss was recorded for FY2021.
4 of 10 Singaporeans eye travel in the next 3 months
A mix of domestic and international plans make up their plans.
Chart of the Day: 1 in 2 SG employees actively looking for new job opportunities
Better salary packages and new challenges were cited as the main reasons for doing so.
Market update: STI up 0.47%
Wilmar International was seen with the most growth.
February PMI declines to 50.2
Seasonal factors, such as the Lunar New Year, may have affected the decline.
More than 60% of older consumers still prefers in-store shopping
This is even as more Singaporeans purchase in-app.
Gov’t to collect additional 0.7% of GDP per year with GST rate hike
GST will be increased to 8% in 2023 and 9% in 2024.
MOF to strengthen business ecosystem in 2 areas
These are the corporate government regime and efficiency of processes.
Flexible workspace demand jumps 37%
Demand was driven by tech companies.
Chart of the day: Energy stocks are the most traded in first two months of 2022
An average of $1.41b in average daily turnover was recorded in the same period.
84% of employers consider salary hikes in 2022: Hays
However, data showed people are expecting higher than what employers can give.
Market update: STI down 0.88%
Yangzijiang Shipbuilding was seen with the most growth.
MOM defers medical exams for migrant domestic workers
Employers who received notices have until 30 April to have their workers seen.
Japfa net profit declined by 34.6% in 2021
The total net profit recorded was $161.2m.
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