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Covid-19
Results
Riverstone doubles FY2021 earnings to RM1.42 billion, plans total dividends of 48 sen
The company’s planned expansion of its production capacity to 1.5 billion gloves by end of 2021 has been delayed to end of FY2022
February 22, 2022
Results
Raffles Medical posts 27.7% increase in FY2021 earnings to $84.2 million; declares final dividend of 2.8 cents
The group’s net asset value per share came in at 45.75 cents on Dec 31 2021, from 40.13 cents seen in the year before.
February 21, 2022
Covid-19
Pandemic situation to peak by 1Q2022; Singapore should see 'swift rebound' in tourism in 2Q2022: DBS
Naturally, the aviation sector and hospitality S-REITs look set to benefit from the relaxed travel measures.
February 18, 2022
Global Economy
Briefs: Senior Goldman staff knew about Jho Low in 1MDB and other news this week
Also in briefs: Hong Kong is stepping up efforts to root out Covid-19 cases, with plans to mass test the entire city
February 17, 2022
Results
Challenger Technologies reports lower 2HFY2021 earnings but plans higher dividend payout
The company plans to pay a dividend of 2.8 cents versus 2.7 cents last year
February 17, 2022
Results
Genting Singapore reports 2HFY2021 earnings of $95.1 mil; maintains dividend at one cent per share
The company plans to spend $400 million this year for renovation and expansion
February 17, 2022
Covid-19
Hong Kong to mass test whole city for Covid, local media say
"They are pragmatic, they are practica. Hong Kong people will grumble a lot, but most people will still go and queue up."
February 17, 2022
Covid-19
Singapore eyes major easing of curbs once virus wave passes
The government will restore and progressively raise quotas on so-called vaccinated travel lanes
February 16, 2022
Covid-19
China's Xi orders Hong Kong to halt Covid surge by all means
It is a way to force the Hong Kong government to contemplate -- if not a complete lockdown -- some localised lockdown.
February 16, 2022
Results
Alliance Healthcare sees 88.1% jump in earnings to $1.7 million in 1HFY2021
On a fully diluted basis, this translates to earnings per share of 0.81 cents in 1HFY2021, compared to 0.43 cents in 1HFY2020
February 10, 2022