Singapore
Banyan Tree net profits up 33% in 2024
Banyan Tree net profits up 33% in 2024
The group attributed this to a 15% increase in operating profit.
Condo resale volume drops 9.2% MoM in January
The volume was 14.3% higher year-on-year.
Condo resale prices rise 1.6% MoM and 6.1% YoY in January
All submarkets reported price increases.
Sembcorp’s profit up 7% in FY 2024
This was despite a planned major maintenance in the first half.
LMIR Trust NPI down 5.5% in FY2024
Lippo Malls Indonesia Retail Trust (LMIR Trust) reported a 5.5% decline in net property income (NPI) to $115.7m for the financial year ended 31 December 2024.
First Sponsor Group’s net profit soars to $93m in FY2024
Gross profit increased by 3% to $135.9m.
SIIC Environment Holdings profit inches up in FY2024
The company said revenue was up 0.3% year-on-year to $1.4b (RMB7.6b).
Singapore’s manufacturing output rises 9.1% in January
Excluding biomedical manufacturing, output rose 7.3%.
Centurion’s profit climbs 125% YoY in FY2024
The company has recommended a final dividend of $0.02 per share.
Hong Leong Asia’s net profit surges by 35% YoY in FY2024
The group has doubled its dividend to $0.04 per share.
HRnetGroup profit falls nearly 30% in FY 2024
The group's revenue decreased by 2% to $567m.
Stoneweg European REIT net property income dips 2.3% to $184m in FY 2024
Gross revenue went down by 1.6%.
CapitaLand Investment profit surges 165% YoY in FY2024
Revenue rose to $2.82b.
Frasers Property jointly secures Songjiang residential site for $152m
The site will be developed into 189 low-rise homes.
17Live trims losses to $4.4m as streaming revenue jumps
Revenue from its V-Liver livestreaming doubled to $14.7m.
Yangzijiang Shipbuilding profit soars 61.7% to $1.22b in FY2024
Revenue also rose 10.1% YoY.
Racial harmony bill unlikely to choke ethnic fundraising
Disclosure requirements are not meant to stifle the operations of racial groups.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation