Singapore
Far East Orchard’s profit more than doubles in 9M FY24 to $16.9m
Far East Orchard’s profit more than doubles in 9M FY24 to $16.9m
The company attributed its feat to its strong operating performance in H1.
DHLT’s NPI rises 2.8% YoY to JPY3.7b in 9M FY24 on portfolio strength
Despite higher NPI, DLHT reported a 5.5% YoY lower distributable income.
SATS swings back to black in H1 FY25 with $134.7m profit
In H1 FY 2024, it reported a $7.8m loss.
United Hampshire US REIT's NPI slips 3.4% YoY as tenant transitions continue
NPI for the period was US$37.4m.
Singapore to upskill 300 professionals to support carbon services and trading sector growth
This aims to train and upskill 300 professionals by 2027 to support the growth of Singapore’s carbon services and trading sector.
Fu Yu narrows loss to $1.9m as demand boosts revenue
In 9M23, it reported a $5.8m loss.
NETS expands SGQR+ scheme with 24,000 new acceptance points islandwide
The SGQR QR label will be distributed within the retail and F&B sectors.
EMA, PetroChina to boost Singapore’s LNG expertise
They will also look into opportunities in developing SG as an Asian LNG hub.
AstraZeneca’s new cancer drug manufacturing facility to create 800 jobs in Singapore
The facility is set to be operational by 2029.
Concorde Hotel & Shopping Mall sells for $821m
The property was sold to Luxury Peak Pte Ltd.
Changi Airport to hike fees to fund $3b upgrades
The hike in fees will be implemented progressively between 2025 to 2030.
Corporate roles gain ground in finance as demand for tech experts dips
FinTechs foresee a 4% drop in demand for tech experts.
Retail sales drop in Q3, overseas spending to amplify decline: Savills
High prices in Singapore and strong SGD may prompt consumers to spend overseas.
Daily Markets Briefing: STI up 0.2%; Top stock is DBS
DBS is the top stock with a 6.51% increase.
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises
Opportunities abound for Singapore’s financial hub to play a key role in developing strategic investments and partnerships that are crucial to the region's renewable energy ambitions.
SeaMoney and MSIG Singapore launch new travel insurance for SG-based travellers
The insurance also covers group travel.
GFTN appoints Ravi Menon as chair, names diverse board members
The deputy managing director of MAS is also part of the board.
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