Singapore
Venture Corporation revenue up 7.6% to $717.5m in H1 2024
A dividend payment of $0.50 has been declared.
Olam Holdings Pte Ltd secures $1.9b loan facility
Proceeds from the loan will be used to refinance existing debts.
MAS taps EY to screen family office tax incentive applications
EY will check family offices for links to money laundering, terrorism financing, and other offences.
Industrial leasing volume down 5.3% YoY in Q2
Rents increased 0.6% QoQ to $3.96 per sq ft.
Soon Liang Holdings Ltd. anticipates rebound in H1 2024
The company reported a net loss of $2.6m in H1 2023.
G.H.Y Culture & Media Holding's H1 2024 revenue dwindles
Its concert business segment bagged $19.7m in revenues.
Dyna-Mac revenue grows by 42.5%
The company reported a revenue growth of $77.4m in H1 2024.
Oiltek’s net profit soars to 50% for H1 2024
As of 30 June the group's financial position is with zero debt.
Anti-money laundering bill to tighten customer due diligence checks in casinos
The bill seeks to lower the threshold for suspicious transactions to S$4,000.
Soon Liang Holdings Ltd. anticipates rebound in H1 24
The company reported a net loss of $2.6m H1 2023.
Singapore to set casino entry levies at $150 daily and $3,000 annually
The bill also seeks to simplify regulations for casino contracts.
CSE Global’s H1 net profit surges 36.4% to $15.0m
The growth was driven by broad-based growth across all business segments and geographical regions.
ARA US Hospitality Trust hit by 4.4% YoY NPI drop on revenue shortfall
Its revenue slipped 2.4% YoY in H1 2024.
Fraser and Neave profit rises 37.3% YoY to $123M in 9M 2024
Its F&B segment helped boost its profit.
Cromwell European REIT suffers 9.5% DPU decline on asset sales impact
Apart from lower DPU, the REIT recorded lower net property income.
Elite UK REIT's NPI falls 4.7% YoY to £18.7m on vacancy costs
The REIT's lower NPI led to a 1.7% YoY drop in unitholder distribution.
Commentary
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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’
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