Singapore

HDB incurs a net deficit of $6.775b in FY 2023

HDB incurs a net deficit of $6.775b in FY 2023

A total of $6.225b was spent to develop BTO flats and provide housing subsidies and grants.

Acrophyte Hospitality Trust’s gross revenue dips by 3.9% YoY

Gross operating profit and net property income were lower at $61.2m and $44.7m, respectively.

Optus fined $10.56M for failing emergency calls in 2023 outage

It failed to provide 2,145 emergency call services and 369 welfare checks.

SBS Transit partners with IBM to enhance systems with AI

Engineers and technicians will be able to anticipate and resolve potential faults. 

DBS Bank buys 164,00 shares for $395,240 from MINT

The transaction increased DBS’ stake in MINT by 0.75%. 

Six in 10 S’poreans at higher risk for developing diabetes complications

90% identified food as the most impactful factor on glucose levels. 

SBF banks on rebranding to double corporate partnerships

It will develop relevant programmes that can support SMEs. 

Second Chance Properties to delist on 13 November

It was privatised by its founder and CEO.

Jason Marine’s swings to $330,000 net loss as costs surge

Distribution and general and administrative costs increased by 15.1%.

SABIC opens $220m resin manufacturing facility in Singapore

The facility boosts SABIC's specialty resin capacity production by over 50%.

Genting Singapore’s Q3 net profit nosedives to $79.4m in Q3

The company attributed the decline to lower VIP rolling volume and win rate.