Singapore
Golden Agri Resources net profit plunges 60% YoY to US$37m in 1Q24
The company's gross profit and EBITDA also declined.
Allozymes raises $20.25m to fund Europe expansion
Two new investors joined in this round of funding.
First Resources sees 86.6% YoY profit jump in 1Q24
Sales growth drove the profit increase.
Gov't renames MCI to Ministry of Digital Development and Information
The change will be effective from 8 July.
New NUS technique efficiently transforms carbon into high-value chemicals
This reduces the cost of conversion by 30%.
CDL acquires Hilton Paris Opéra acquisition for $350.2m
Hilton Paris Opéra is CDL's third and largest hotel in Paris.
Higher revenue drives SBS profit up 7.5% YoY in 1Q24
Revenue for the period was 6.6% YoY higher.
Gov’t reshuffles cabinet
Gan Kim Yong will be Deputy Prime Minister.
Private residential leases drop 2% YoY in 1Q24
The OCR bucked this trend and posted a 1.5% YoY increase in leasing contracts.
Currency woes overshadow Bumitama's revenue rise in 1Q24
Net profit for the period fell 23.5% YoY to IDR 328.4b.
Improved sales boost Hyphens Pharma Q1 profit by 97.6%
The Specialty Pharma Principals led the increase in revenue.
S'pore to push for national interest in consistent and principled manner: Wong
The new Prime Minister says this will make the country become a more reliable partner.
CapitaLand-led consortium bids $5.39m for Holland Drive plot
The consortium aims to build two 40-storey condo towers on the site.
Frencken Group profit soars 73% to $9M in 1Q24
Higher revenue drove the increase.
4G leaders prepared to revisit assumptions to slay sacred cow, Wong says
Enhanced policies will be introduced under the new administration.
Tuan Sing Holdings unit acquires Fraser Residence River Promenade for $140.9m
Frasers Property Limited expects to complete the divestment by 31 March 2025.
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