Singapore
Raffles Medical Group’s H2 2021 net profit declines 7.2% to $44.88m
This is despite a 16.3% increase in its revenue during the same period.
Raffles Medical Group’s H2 2021 net profit declines 7.2% to $44.88m
This is despite a 16.3% increase in its revenue during the same period.
Safran Electronics & Defense Services Asia expands scope of repairs
The move was done in anticipation of traffic recovery in Singapore.
Foreign wholesale trade jumps 48.7% YoY in Q4 2021
Excluding petroleum products, an expansion of 25.2% was reported.
Gov't to increase carbon tax to $25 per tonne in 2024
A transition framework will be set to help companies adjust.
Domestic wholesale trade up 34.9% YoY in Q4 2021
On a QoQ basis, a 3.6% increase was observed.
Singapore recorded a 34.9% year-on-year (YoY) increase in domestic wholesale trades, the Department of Statistics Singapore reported.
SGX-listed Sri Trang Gloves hits record net profit of $991.38m in FY21
A proposed dividend of $0.027 (0.65 baht) per share was also announced.
MAS extends facility to support bank lending to SMEs
This is to complement Enterprise Singapore’s temporary bridging loan programme for SMEs.
How will the carbon tax hike help achieve the 2030 green targets?
The carbon tax will be raised to $25 per tonne in 2024.
Market update: STI down 0.29%
ThaiBev was seen with the most growth.
Genting net profits cut in half for H2 2021
Decreased visitorship during the pandemic caused the 49% decline.
StanChart forecasts GDP growth to ease 4.1% in 2022
This is given the unfavourable base effect and the moderation of global growth and trade levels.
Singapore Budget 2022: GST hike delayed, carbon tax raised
Singapore's national budget will be delivered by Finance Minister Lawrence Wong today.
SIAEC-backed JADE joins forces with Singapore Polytechnic to build 1st APAC-based fire testing aviation lab
The lab is expected to be completed in 2025.
MOF disburses $28b under the job support scheme
The job support scheme also helped save 165,000 jobs in 2020.
Sasseur REIT’s DPU drops 1.8% YoY to $0.019 in Q4 2021
This is due to the retention of its distributable income.
SG tests $8.5m national quantum-safe network
The project kicked off with 15 private and government agencies.
Sembcorp Marine finally completes Johan Castberg FPSO project
The FPSO project is currently en route for delivery to Norway.
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