News

89% Singaporean Gen Zs believe COVID-19 highlighted inequalities

One in four of them want to be the person to change the world. 

89% Singaporean Gen Zs believe COVID-19 highlighted inequalities

One in four of them want to be the person to change the world. 

Sinarmas Land net profit rebounds to $123.04m

This is a massive improvement from the $1.3m recorded for the same period last year.

First Resources net profit down 16.7% amidst volatile palm oil prices

First Resources’ reported a net profit of $32.6m for the first half of the year.

Diamond marketplace LUXIEE bags $5m in latest financing round

The funds will help launch its interest-free instalment facility, LUXIEEPAY.

Olam Group EBIT jumps 51.4% to $641.6m

The company plans to list Olam Food Ingredients in both the London Stock Exchange and SGX soon.

Genting Singapore profit bounces to $88.21m after H1 2020 loss

The group suffered a $116m loss in the same period last year.

Cromwell European REIT net property income up 11.4% to $102.49m

Its income was driven by higher revenue from freshly acquired assets in Italy, the Czech Republic, and Slovakia.

Market Update: STI Up 0.12%

Singtel, CityDev, and ST Engineering lead with the most growth today.

City Developments Ltd. suffers $32.1m loss for H1

The company points to a deferred tax credit of $17.6b as the factor for this loss.

Retail rents slips 2.4% in H1 2021: Colliers

Average retail rents were expected to decline 1.8% by 2021. 

Manulife posts DPU of 2.7 US cents

The amount is 11.5% lower than the amount recorded last year.

Deliveroo SG plans to upskill 1,000 riders by 2021

To date, 300 Deliveroo riders have completed their training from a choice of 700 free online classes.

SME software spending increases exponentially by 324% in 2020

SMEs also spent more on organisational growth tools and employee salaries last year.

Singapore life insurance records whopping $1.97m in sales

This accounts for a YoY 61% growth in H1 2021.

HBD offers 4,898 build-to-order flats

Experts expect projects at Queenstown, Hougang, and Kallang/Whampoa to be popular.

Wilmar’s net profit rose 23% YoY to US$750.9m in H1 2021

This is on the back of higher profit from Feed and Industrial Products and Plantation & Sugar Milling.