News
Market Update: STI down 0.37%
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.
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.
JC&C underlying profit more than doubles to US$346m YoY in H1
This comes from an underlying profit of US%138m from last year.
Japfa net profit grew 54.3% YoY to US$118.5m in H1
Its revenue also rose 23.4% YoY to. US$2,262.4m in the same period.
GuocoLand to develop three 25-storey towers in Lentor Hills
It is expected to be ready for launch in H2 2022.
2 in 5 Singaporeans bit by the travel bug
Encouraged by vaccinations, more Singaporeans plan to travel in the next three months.
Estate Agents Act amendments takes effect 30 July
The amendments include higher penalties for erring property agencies or agents.
MPA launches maritime decarbonisation centre
The centre aims to spearhead Singapore’s maritime industry’s energy transition.
Commentary
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
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?