News
SingPost operational profit plunges by 46.7%
SingPost operational profit plunges by 46.7%
The group’s total revenue went up by 34.7% because of other business segments.
UOB, Doxa, move Kimly Construction trade financing processes online
Processes affected include the creation of invoices, uploading and validation of supporting documents.
Freehold bungalow at Swiss Club Road on sale for $39.90m
The sale will be done via a private treaty.
SGX warned of downside risks despite posting highest revenue: analyst
In the current fiscal year, the bourse posted $1.099b revenue.
MAS slaps former UOB Kay Hian rep with $100,000 civil fine over false trading
The individual was also issued four-year prohibition orders.
Market update: STI up 0.29%
Highest gainer is OCBC Bank with 0.81%.
Chart of the day: One in eight S’poreans to cut back on insurance as costs rises
This is below the APAC average of 14%.
Changi Airport Group inks another collaboration with Accenture
The collaboration focuses on digital transformation for Changi Airport.
Rise in digital trust will contribute US$17b to SG economy: study
Digital trust is higher than societal trust amongst APAC consumers.
Jalan Besar freehold coffeeshop up for sale with $28m guide price
The property is located at Hoa Nam Building.
11 stations along Thomson-East Coast Line Phase 3 to be operational by yearend
The stations have been handed over to SMRT by the LTA.
Kwa Chong Seng to step down as SGX chairman
He will serve the company until 31 December.
OUE C-REIT to refinance debt using $978m sustainability-linked loan
It was financed by mandated lead arrangers and bookrunners.
SGX Group posts record-high revenue of $1.1b
It is the highest revenue since its listing.
Exports post slower growth in July due to low demand in China
It rose to 7.0% in July from 8.5% in June.
Market update: STI up 0.24%
Jardine Cycle & Carriage registered the most gains with 2.97%.
Chart of the day: New business premiums of life and health drops 8.2% YoY in June
New business premiums totalled $63.4b in June this year.
Commentary
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