News

Chart of the Day: Retail rental growth in Singapore is still negative

OCBC Investment Research cited data URA which said the Retail Rental Index fell 0.5% QoQ in Q2 2021.

Market Update: STI Down 0.41%

Yangzijiang Shipbuilding, ThaiBev, and Capitaland were seen with the least growth today.

Singapore secures third spot in Safe Cities Index 2021

The country joins Copenhagen, Toronto, Sydney and Tokyo in the top-five finish. 

Hong Leong Asia sees 110% growth in PATMI

Higher diesel engine sales helped in this growth.

UOB adopts the Equator Principles to refine sustainability strategy

The bank will apply the principles to assess and manage environmental and social risk projects.

Foreign wholesale trade up 47.3% YoY for Q2 2021

Petroleum products lead the increase with a 100% increase YoY.

Singapore, China affirm bilateral economic ties in IPC Meeting

The two countries discussed the progress of bilateral cooperation projects and agreements. 

Domestic trades jump by 49.8% YoY for Q2 2021

The trade of metals, timber, and construction materials contributed the most, seeing a 105.2% increase. 

Daily briefing: US VP Harris to visit SG next week; SG economy relies on 'openness': Health Minister

And Singapore will not reach herd immunity despite the high vaccination rate.

Market Update: STI Up 0.56%

SATS, DairyFarm, and Capitaland were seen with the least growth today.

Majority of SG executives said automation helped upskill finance staff

More than half of C-suite executives said automation relieved them of at least a quarter of their workload.

Vaccinated Travel Lanes to be implemented in Singapore

The pilot VTL arrangements will take place with Brunei and Germany.

Fully vaccinated COVID-19 patients to be allowed to isolate at home: MoH

This new policy on fully vaccinated patients with mild or no symptoms will be piloted on 30 August.

4 new classifications of travelers announced by Singapore

Countries and vaccination statuses would be included in the classification.

More Singaporeans can return to the office, attend events

More than 1,000 attendees can go to one event as long as all of them are fully vaccinated.

Nanofilm net profit slips 2.3% to S$18.1m in H1 2021

This is due to higher expenses in the new Shanghai Plant 2 and new product introduction projects.