Covid-19

Budget 2022

Forging ahead with courage

We must garner first-mover advantage by taking calculated steps to invest into the future

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
Raffles Medical posts 27.7% increase in FY2021 earnings to $84.2 million; declares final dividend of 2.8 cents  - THE EDGE SINGAPORE

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.

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.

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

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

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

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."
Singapore eyes major easing of curbs once virus wave passes - THE EDGE SINGAPORE

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
China's Xi rrders Hong Kong to halt Covid surge by all means - THE EDGE SINGAPORE

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.
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