THIS WEEK IN MARKETS There’s a lot to cheer if you are an investor in the Singapore market. The Straits Times Index (STI) is one of the best-performing indices globally so far this year, with a year-to-date gain of 5.1% as of 5th August 2022. The recent earnings season also brought many positive surprises for investors SIA’s 2Q22 operating profit was its second highest in historyWilmar reported a 55% increase in its profit in 1H22, and declared its highest interim dividend in its historySembcorp Industries’ 1H22 profit surged 11 times, and “may reward investors with a special dividend” for FY2022. Raffles Medical’s 1H22 profit rose 51% with the recovery of medical tourism   With all the gloom from recession concerns and rising inflation, let’s take a moment to celebrate how we have emerged stronger from the pandemic.  Wishing you a happy national day! IMPORTANT Source: Bloomberg. Weekly price change as of...