Singapore Business Review

Swan & Maclaren Group bags US28m tender for Six Flags Qiddiya lighting
Six Flags Qiddiya is projected to become the world's biggest theme park.
Citi names Damien Tan as head of corporate bank for Singapore
Tan was previously head of local corporates for Citi Singapore.
DBS CEO Piyush Gupta sells S$2.69m bank shares
He still holds over 2.715 million shares in DBS.
Far East Orchard posts 54.8% net profit surge in 1Q24
Company credits stable hospitality segment for performance boost.
Manulife US REIT’s occupancy drops to 78.7% in 1Q24
The REIT attributed the drop to TCW's lease expiry.
Keong Hong Holdings warns of impending losses
Higher construction costs impacted the company's bottom line.
UOB’s core net profit down 1% to S$1.6b in Q1 as interest income dips
Trading and investment income hit a record high, however.
Private home rents dip 1.3% in Q1
Rents fell steepest in the Core Central Region
Daily Markets Briefing: STI down 0.11%; Top stock is DBS
DBS is the top stock with a 0.335% increase.
UOB to maintain good asset quality amidst profitability dip
The bank is also expected to have a steady core capital ratio.
Thomson Medical Group to issue $140m notes at 5.25% due in 2027
The notes are expected to be issued on 13 May.
Paragon REIT reports $73.8m revenue in 1Q24
The REIT also reported stable occupancy rates in the period.
DBS to maintain strong solvency, robust funding: Moody’s
It is anticipated to sustain high profitability with return on assets of around 1.3%.

Join the Singapore Business Review community

Exclusives

Exclusives

HR & Education New guideline restricts rejections of flexible work arrangement requests to business factors
By December this year, employees whose requests were rejected based on bias can seek union aid.
Food & Beverage Startup future-proofs coffee with bean-free alternative amidst climate crisis
Prefer transforms surplus ingredients like day-old bread, soybean pulp, and barley grains into bean-free coffee.
Financial Services Industry boosts accounting appeal with new roles, education programmes
There has been a 10% decrease in accounting degree students at universities in Singapore.
Markets & Investing 20 Hottest Startups of 2024
Sustainability-focused startups dominated the list.
Commercial Property Colliers transforms Singapore office into regional powerhouse
The newly revamped office showcases Colliers’ commitment to innovation, collaboration, and sustainability.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Sustainability, biomedical startups draw investors, founder focus
A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).

Top News

Swan & Maclaren Group bags US28m tender for Six Flags Qiddiya lighting
Six Flags Qiddiya is projected to become the world's biggest theme park.
Citi names Damien Tan as head of corporate bank for Singapore
Tan was previously head of local corporates for Citi Singapore.
DBS CEO Piyush Gupta sells S$2.69m bank shares
He still holds over 2.715 million shares in DBS.
Far East Orchard posts 54.8% net profit surge in 1Q24
Company credits stable hospitality segment for performance boost.
Manulife US REIT’s occupancy drops to 78.7% in 1Q24
The REIT attributed the drop to TCW's lease expiry.
Keong Hong Holdings warns of impending losses
Higher construction costs impacted the company's bottom line.
UOB’s core net profit down 1% to S$1.6b in Q1 as interest income dips
Trading and investment income hit a record high, however.
Private home rents dip 1.3% in Q1
Rents fell steepest in the Core Central Region
Daily Markets Briefing: STI down 0.11%; Top stock is DBS
DBS is the top stock with a 0.335% increase.
UOB to maintain good asset quality amidst profitability dip
The bank is also expected to have a steady core capital ratio.
Thomson Medical Group to issue $140m notes at 5.25% due in 2027
The notes are expected to be issued on 13 May.
Paragon REIT reports $73.8m revenue in 1Q24
The REIT also reported stable occupancy rates in the period.
DBS to maintain strong solvency, robust funding: Moody’s
It is anticipated to sustain high profitability with return on assets of around 1.3%.

Exclusives

HR & Education New guideline restricts rejections of flexible work arrangement requests to business factors
By December this year, employees whose requests were rejected based on bias can seek union aid.
Food & Beverage Startup future-proofs coffee with bean-free alternative amidst climate crisis
Prefer transforms surplus ingredients like day-old bread, soybean pulp, and barley grains into bean-free coffee.
Financial Services Industry boosts accounting appeal with new roles, education programmes
There has been a 10% decrease in accounting degree students at universities in Singapore.
Markets & Investing 20 Hottest Startups of 2024
Sustainability-focused startups dominated the list.
Commercial Property Colliers transforms Singapore office into regional powerhouse
The newly revamped office showcases Colliers’ commitment to innovation, collaboration, and sustainability.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Sustainability, biomedical startups draw investors, founder focus
A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).

Join the Singapore Business Review community