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.
UOB’s net profit climbs to $3.42b YTD amidst fee income growth
The quarter’s earnings surged 16.5% YoY.
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.
Attika Group raises $4.62m with fully subscribed Catalist IPO
It debuted on 8 November.
Yangzijiang Shipbuilding’s order wins hit $11.64b, surpassing FY24 goal
Its goal for FY24 is US$4.05b.
Second Chance Properties to delist on 13 November
It was privatised by its founder and CEO.
Singapore Shipping’s net income jumps 71.9% YoY to US$7.77m
Improved revenue drove net income higher.
Livingstone Health forecasts H1 2025 profit on revenue growth
In H1 2024, the company recorded a $3m loss.
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.
Paragon REIT’s gross revenue climbs 3% despite tenant sales dip
Tenant sales in Singapore fell 3% YoY.
Commentary
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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