News

Japfa net profit declined by 34.6% in 2021

The total net profit recorded was $161.2m.

Japfa net profit declined by 34.6% in 2021

The total net profit recorded was $161.2m.

Haig Road Flats up for sale at $48m indicative price

An indicative price of $48m was set, translating to a land rate of $1,252 per square foot. 

Sustainability for success? 3 in 5 SMEs agree

SMEs said having sustainable practices can improve their reputation amongst others.

Colliers facilitates sale of Baode Building for $27m

The sale happened after a relaunch of tender on 14 December 2021. 

SG still the most liveable location for ex-pats: ECA

Amid lower scores, Singapore remained the top choice for East Asian ex-pats.

4 factors mitigating inflation’s impact on REITs

Two of these factors are related to utility costs.

Chart of the Day: Top 10 specialisations with most salary growth in 2021

Almost 50% of SG jobs show pay growth, JobStreet reported.

Market update: STI up 1.12%

Sembcorp Industrial was seen with the most growth.

Jardine C&C's 2021 profit attributable to shareholders 83% higher

However, it remains 9% lower than pre-pandemic levels. 

Development charge rates for commercial industry, residential raised

Real estate experts say these hikes were within expectation. 

ComfortDelGro doubles net profit to $130.1m in 2021

The group attributed the 114% growth to their services bouncing back.

Bank, trade sanctions to counter peaceful settlement in Ukraine: Russia

The Russian Embassy posted its reaction to Singapore's sanctions on Facebook. 

Keppel Group, Sovico Group partner to roll-out energy solutions

The companies signed two MoUs for a large-scale decarbonisation in Vietnam.

Golden Agri’s net profit surged to $645.5m in 2021

Upstream and downstream businesses contributed to Golden Agri’s stronger performance.

How the Russia-Ukraine conflict will affect the economy

The crisis has clouded SG’s economic outlook, according to Trade Minister Gan.

Mapletree Logistics Trust boosts South Korea presence with $100.3m acquisition

The company's e-commerce revenue exposure in South Korea is expected to increase to 36%.

UMS net profits shoot up 59% to $57.6m

Net profit attributable to shareholders is at an all-time high of $53.1m.