Singapore
Yangzijiang Shipbuilding’s earnings jump 47% YoY to $1.19b in FY 2021
This is the shipbuilding group’s highest net profit since 2011.
Yangzijiang Shipbuilding’s earnings jump 47% YoY to $1.19b in FY 2021
This is the shipbuilding group’s highest net profit since 2011.
Service industry business receipts grew 15.4% YoY in 2021
Meanwhile, on a QoQ basis, business receipts grew 7.2%.
MAS bans ex-OCBC representative for fraud and dishonesty
She has been handed a five-year prohibition order.
Hongkong Land joins initiative to limit temperature rise to 1.5°C
The campaign is spearheaded by the Science Based Targets initiative.
Hong Leong Asia’s earnings rise 28.6% YoY to $60.1m
With the increase, the bard proposed a final dividend of $0.02 per share.
Singapore banks’ asset quality to be hit by prolonged Ukraine invasion
Risks related to Russian energy exposure remain the biggest issue for global markets.
Market update: STI up 0.71%
Sembcorp Industries was seen with the most growth.
Chart of the day: HDB resale flats price index grows 3.4% in Q4 2021
This is due to the low supply caused by construction delays.
Development prospects to become a regional economic centre of Vietnam
Continuous high economic growth for many decades has helped Vietnam in having a good foundation to keep up with the leading economies of ASEAN.
Financial services M&A deals reached $12.61b in 2021: KPMG
The deal value skyrocketed from $2.86b in 2020.
Holistic changes needed for the logistics industry to thrive
Over the past few years, e-commerce’s popularity has soared tremendously, as restrictions on mobility drove more and more people to shop online.
ESR-REIT and ARA LOGOS unitholders to discuss proposed merger
The meeting will be held on 21 March 2022.
Frencken Group Limited’s PATMI rises 38% YoY to $58.7m
Excluding a loss of $6.2m in FY2020, PATMI would’ve increased 20.4% in FY21.
CapitaLand Investment posts 2021 net profit of $1.35b
It reversed the net loss of $559m in 2020.
SingPost’s operating profit rises 46% YoY to $38m
The increase was driven by higher profit in domestic post and parcel.
What to expect from newly opened Hilton’s largest hotel in APAC
The Hilton Singapore Orchard has 1,080 rooms and suites and enhanced facilities.
First Resources Limited’s full-year profit soars 61.6% YoY to $218.23m
This is on the back of its record-breaking sales of $1.4b in FY21.
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