News

Keppel Infrastructure Trust’s income hit by distribution and storage segment setback

Distributable income fell 29.1% YoY to $50.9m in 1Q24.
6 days ago

Keppel Infrastructure Trust’s income hit by distribution and storage segment setback

Distributable income fell 29.1% YoY to $50.9m in 1Q24.
6 days ago

ST Engineering names new group COO

Jeffrey Lam’s new post is concurrent with his role as president of the commercial aerospace unit.
6 days ago

Construction thrives in Singapore as infrastructure and residential projects surge

The cost of materials, however, is impeding the sector's growth.
6 days ago

LTA awards ST Engineering $175m contracts for bus fleet upgrades

The company expects to complete modernisation works by 2027.
6 days ago

S’pore, Canada team up to enhance S&T and innovation ties

Both countries identified four principles that will street ST&I enhancement efforts.
6 days ago

Prudential sees 11% YoY rise in Q1'24 new business profit

APE sales increased by 7% YoY to $1.6b.
6 days ago

Singapore’s outbound real estate investments in APAC dip in Q1: JLL

Cautious sentiment and pricing uncertainties dampen cross-border activity.
6 days ago

Daily Markets Briefing: STI up 0.13%; Top stock is DBS

DBS is the top stock with a 1.862% increase.
6 days ago

GCB market stagnates with only 5 sales in 1Q24

The value of transacted GCBs also fell 10.6% QoQ.
6 days ago

ST Eng’g bags $175m contracts with LTA to modernise bus system

The upgrades will cover 5,800 public buses and will be completed by 2027.
6 days ago

Glencore foresees trading earnings surge to $4.08b-$4.76b

The company expects trading gains from higher interest rates.
6 days ago

DBS achieves record-high Q1 profit of S$2.96b

Dividend is SGD 54 cents per share for the quarter.
6 days ago

Nearly all businesses use gen AI in operations, cybersecurity: report

Security leaders split if gen AI is a boon or bane to cybersecurity.
6 days ago

NeraTel's 1Q24 revenue tumbles 44.7% despite surge in order intake

Its gross profit also dropped 42.4% in 1Q24.
6 days ago

Owner listings up 3.0% QoQ in 1Q24

Year-on-year, listings were 47.8% higher.
6 days ago

Japfa's 1Q24 profit rebounds to $16.93m

A year ago, the company recorded a $58.55m loss.