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ST Engineering posts 4% profit dip to $257.4m in H1
ST Engineering posts 4% profit dip to $257.4m in H1
Impairment of intangible assets, receivables, and fair value changes dragged it down.
Standard Chartered, Singapore labor mull digital bank venture: report
The plan is still in its early stages.
Pent-up demand lifted Singapore's residential market
The number of condo listings jumped 51,359 in Q2 from a weaker Q1.
SBR webinar tackles challenges in database management
An audience of senior IT professionals took part in the exclusive webinar, supported by Quest Software.
Chart of the Day: Prime condo sales down 52.9% to $659.2m in H1
The inflow of potential foreign buyers interested in posh homes impeded.
Daily Markets Briefing: STI down 0.56%
ST Engineering led the gains amongst top active stocks with a 3.67% expansion.
Daily Briefing: National Wages Council to update guidelines by September; Anchanto raises $16.6m in series C funding
And all SCDF frontliners to get smart watches by 2022.
Singapore strata retail sales value slashed by half in H1 amidst COVID-19 woes
The total transacted value dropped to S$67.4m in H2 2020 from S$135m in H2 2019.
Chart of the Day: Freehold strata office sales down 34.1% to $106.2m in H1
Despite the fall in total transaction volume and sales, the average unit prices rose.
Daily Markets Briefing: STI up 1.28%
Medtecs International led the gains amongst top active stocks with a 10.64% expansion.
Daily Briefing: Singapore, Japan to resume essential business travel; Foodpanda, ST Engineering tests drone food delivery
And blockchain accelerator Tribe goes virtual for batch 3.
MAS commits $250m to drive innovation, local talents in fintech
The regulator plans to raise the maximum grant for AIDA project from $1m to $1.5m.
CDL's profit plunged 99.1% to $3.15m in H1
Hotel operations accounted for 82% of the drop in revenue.
SIA Engineering senior management takes on more pay cuts
Cuts on senior vice presidents, executive vice president and the CEO rose to 20%- 30%.
Olam posts 44.4% profit growth to $332.7m in H1
It was thanks to a net exceptional gain of $130.6m from the divestments in Far East Agri.
PropNex's profit spiked 96.1% to $7.26m in Q2
Revenue also rose thanks to increased commission income from project marketing services.
United Hampshire US REIT's NPI hit $15.52m from March-June
Its inaugural DPU came at US$0.0178.
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