Covid-19 pandemic

Wilmar International's net profit doubles to US$450.2 mil, highest for 1Q - THE EDGE SINGAPORE

Results

Wilmar International's net profit doubles to US$450.2 mil, highest for 1Q

Wilmar International has reported net profit of US$450.2 ($597.0 million) for the 1QFY2021 ended March, around double the net profit of US$224.1 million in the corresponding period the year before.

Hiap Hoe to propose final dividend of 0.5 cent per share at next company AGM - THE EDGE SINGAPORE

Company in the news

Hiap Hoe to propose final dividend of 0.5 cent per share at next company AGM

Hiap Hoe has declared that it will be proposing to declare a final dividend of 0.5 cent per share at the company’s next annual general meeting.

Singapore's manufacturing sector expands by 7.6% in March; final 1Q21 GDP expected to be stronger - THE EDGE SINGAPORE

Singapore economy

Singapore's manufacturing sector expands by 7.6% in March; final 1Q21 GDP expected to be stronger

Singapore’s manufacturing output expanded for the fifth consecutive month in March, with a 7.6% y-o-y growth thanks to the electronics boom.

Fasten your seatbelts, next few months will be turbulent for EMs - THE EDGE SINGAPORE

Global Economy

Fasten your seatbelts, next few months will be turbulent for EMs

Federal Reserve Bank Chairman Jay Powell was right to observe that the US economy is at an “inflection point”.

Millennials and Gen Z investors prefer stocks in high-growth industries: FUTU - THE EDGE SINGAPORE

Financially Savvy

Millennials and Gen Z investors prefer stocks in high-growth industries: FUTU

A survey conducted by NASDAQ-listed FUTU Holdings has found that more individuals – in particular millennials and Generation Z – are taking greater ownership of their finances by turning towards a

Scoot becomes first low cost carrier to get highest status in Covid-19 health safety audit - THE EDGE SINGAPORE

Aviation & Engineering

Scoot becomes first low cost carrier to get highest status in Covid-19 health safety audit

Scoot, the low-cost arm of the Singapore Airlines Group (SIA), has become the first low-cost carrier (LCC) in the world to be awarded the diamond status in the APEX Health Safety powered

IMF upgrades 2021 global GDP forecast to 6% - THE EDGE SINGAPORE

Global Economy

IMF upgrades 2021 global GDP forecast to 6%

The International Monetary Fund has raised its 2021 global GDP growth forecast to 6%, up from an estimate of 5.5% made in January.

Singapore's manufacturing sector continues growth trend with 16.4% increase in February - THE EDGE SINGAPORE

Singapore economy

Singapore's manufacturing sector continues growth trend with 16.4% increase in February

Singapore’s manufacturing output expanded by 16.4% y-o-y in February, following expansions across sectors such as electronics and biomedical manufacturing.

Malaysian grocery shopping app Jocom raises $5.6 mil in listing on 1X - THE EDGE SINGAPORE

IPO

Malaysian grocery shopping app Jocom raises $5.6 mil in listing on 1X

Malaysian-based grocery mobile app provider Jocom International Holdings has successfully listed part of its share capital on 1exchange (1X), Singapore’s first regulated private securities exchange

Coco Rocha shares her views on a post-pandemic fashion industry - THE EDGE SINGAPORE

Fashion

Coco Rocha shares her views on a post-pandemic fashion industry

Coco Rocha — best known for her theatrical poses and her brand-building social media presence — has only booked a few gigs over the past year.

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