Singapore Business Review

Singapore LNG infrastructure investment could boost two-way trading capacity
The FSRU project will bolster the country’s LNG re-export.
Singapore police to launch new vocation vs. cybercrime
New programmes encouraging public participation will also be introduced.
DBS, UOB, and OCBC lead SG stocks with a $500m net institutional inflow
The trio averaged 15.6% total returns from 1 January to 23 May.
ANA Holdings gains CCCS approval for Nippon Cargo Airlines buyout
The commission cited three reasons for allowing the acquistion.
SQ321 plane flies back to Singapore from Bangkok
52 passengers are still in Thailand. 
Yangzijiang Financial clarifies role with maritime entry
The company assured it will have a different role from its sister company.
SingHaiyi and Nakano Singapore partner for luxury residential project in Jurong Lake District
It aims to offer a premium lifestyle in Singapore's largest mixed-use business hub outside the city center.
GP Industries warns of $58m-$68m loss in FY24
The company attributed its expected net loss to its share of XIC Innovation's FY24 loss.
Stamford Land's net profit plummets 96.1% YoY to $5.95m in FY24
With net profit contraction, the company proposed a lower EPS of 0.40 cents.
Best World raises exit offer price to $2.56 from $2.50
The company declared its latest offer final.
Condo resale prices rise 1.5% MoM and 5.1% YoY in April
Across submarkets, OCR posted the highest year-on-year price increase.
Sanli Environmental's profit hit by rising expenses, falls 32.8% YoY
With net profit contraction, the company proposed a lower EPS of $0.0109.
Japan Foods Holdings suffers $0.5m net loss in FY24
The company attributed the net loss to higher expenses.
Manufacturing output drops 1.6% YoY in April
Excluding the biomedical manufacturing segment, output would’ve increased by 1.7% YoY.
SG completes ship-to-ship bunkering of nearly 1,340 MT of blended methanol
Another simultaneous methanol bunkering and cargo operation for a container vessel is scheduled for the following week.

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Exclusives

Exclusives

Financial Services Fintech start-up accelerates loan approval process for financial inclusion
Smile API CEO Jerome Eger is committed not just to speed, but secured access to employment data.
Retail ION Orchard marks 15 years as a premier retail destination
The mall is proactive in conducting surveys to identify trends and optimise its tenant mix.
ION Orchard leads charge in sustainable takeaway practices
 Shoppers will enjoy discounts when they opt for a reusable mug or food container from Muuse.
ION Orchard dives into gamification amidst experiential retail demand
The mall’s in-app augmented reality game offers more than 30 rewards.
Lendela on why banks need fintechs to buoy loan growth
Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.
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.

Top News

Singapore LNG infrastructure investment could boost two-way trading capacity
The FSRU project will bolster the country’s LNG re-export.
Singapore police to launch new vocation vs. cybercrime
New programmes encouraging public participation will also be introduced.
DBS, UOB, and OCBC lead SG stocks with a $500m net institutional inflow
The trio averaged 15.6% total returns from 1 January to 23 May.
ANA Holdings gains CCCS approval for Nippon Cargo Airlines buyout
The commission cited three reasons for allowing the acquistion.
SQ321 plane flies back to Singapore from Bangkok
52 passengers are still in Thailand. 
Yangzijiang Financial clarifies role with maritime entry
The company assured it will have a different role from its sister company.
SingHaiyi and Nakano Singapore partner for luxury residential project in Jurong Lake District
It aims to offer a premium lifestyle in Singapore's largest mixed-use business hub outside the city center.
GP Industries warns of $58m-$68m loss in FY24
The company attributed its expected net loss to its share of XIC Innovation's FY24 loss.
Stamford Land's net profit plummets 96.1% YoY to $5.95m in FY24
With net profit contraction, the company proposed a lower EPS of 0.40 cents.
Best World raises exit offer price to $2.56 from $2.50
The company declared its latest offer final.
Condo resale prices rise 1.5% MoM and 5.1% YoY in April
Across submarkets, OCR posted the highest year-on-year price increase.
Sanli Environmental's profit hit by rising expenses, falls 32.8% YoY
With net profit contraction, the company proposed a lower EPS of $0.0109.
Japan Foods Holdings suffers $0.5m net loss in FY24
The company attributed the net loss to higher expenses.
Manufacturing output drops 1.6% YoY in April
Excluding the biomedical manufacturing segment, output would’ve increased by 1.7% YoY.
SG completes ship-to-ship bunkering of nearly 1,340 MT of blended methanol
Another simultaneous methanol bunkering and cargo operation for a container vessel is scheduled for the following week.

Exclusives

Financial Services Fintech start-up accelerates loan approval process for financial inclusion
Smile API CEO Jerome Eger is committed not just to speed, but secured access to employment data.
Retail ION Orchard marks 15 years as a premier retail destination
The mall is proactive in conducting surveys to identify trends and optimise its tenant mix.
ION Orchard leads charge in sustainable takeaway practices
 Shoppers will enjoy discounts when they opt for a reusable mug or food container from Muuse.
ION Orchard dives into gamification amidst experiential retail demand
The mall’s in-app augmented reality game offers more than 30 rewards.
Lendela on why banks need fintechs to buoy loan growth
Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.
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.

Join the Singapore Business Review community