News
First Resources' net profit soars 293.1% YoY to US$128.0m
First Resources' net profit soars 293.1% YoY to US$128.0m
Stronger palm oil prices gave the company a boost.
Sembcorp Marine narrows net loss to $143m in H122
In H121, the company recorded a net loss of $647m.
Boutique commercial building in City Hall submarket on sale for $30m
It will be on sale via expression of interest.
Industrial rents and prices grow for the 7th consecutive quarter
Both grew by 1.5% QoQ.
Sasseur REIT DPU dips 1.6% after negative impact from China lockdowns
However, it still reported a DPU of $3.410, the highest half-year DPU in four years.
Grab unveils US$1m GrabScholar programme, new GrabMerchant Centre
The superapp aims to support small businesses and upskill the future workforce.
Business park rents rise 0.2% QoQ
Demand for the property was driven by technology and biomedical firms.
Olam Group PATMI up by 1.8% in H1
Revenue for the half-year increased by 24.6%.
ThaiBev revenue climbs 8.2% in past nine months
Revenue was boosted by the easing of COVID-19 measures in Thailand and Vietnam.
Atome Financial secures US$100m debt facility with HSBC Singapore
It operates buy now pay later platform Atome and Indonesia’s Kredit Pintar.
Foreign workers pushing HDB rental volume up
In July, rental volume increased by 11.1% MoM.
Frencken Group’s profit down 17.3% in H1 22
It posted $26m earnings in the first half of 2022.
Gov’t edges up expected growth for exports, merchandise trade
This is whilst rising oil prices and high global semiconductor demand continue.
Chart of the day: HDB rents rises by 1.5% MoM in July
Overall YoY rents increased by 19.1%.
Market update: STI up 0.38%
Yangzijiang Shipbuilding took the lead.
Far East Orchard improves earnings in H1 due to border opening
Its earnings reached $8m compared to $1.9m loss in the previous year.
OUE Limited’s earnings up to $88.7m in H1 22
It went up by more than 100%.
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