Singapore
LHN occupancy rates surpass 90% in 1Q24
LHN occupancy rates surpass 90% in 1Q24
During the period, it secured a master lease renewal for an industrial property.
Nanofilm's PATMI plummets to $3m in FY23
With the decline, the company recorded a lower EPS of 0.48 cents.
Orchard retail rents to grow 3%-5% in 2024: Savills
Tourist arrivals and spending will drive the growth in rents.
MOH lists abrocitinib on the medical assistance fund
The drug is used to treat atopic dermatitis.
Gallant Venture records a $16m net loss in H2 FY23
The loss came despite the 4% increase in revenue.
Profit of Tiger Balm maker Haw Par soars 46% YoY to $216.6m in FY23
With higher profit, the company declared a higher basic earnings per share of $0.978.
Straits Trading cuts losses by 64.3% YoY to $43.5m in 2H23
In 1H23, the company recorded a $121.8m loss.
Ho Bee Land posts a $259.8m net loss in FY23
Loss per share stood at $0.3913.
OUE Healthcare posts 77% YoY higher profit tax of $57.5m in FY23
The company also recorded a 33% YoY higher revenue for the period.
How HomePay is combating renovation scams in Singapore
Money is put in an escrow account and disbursed when milestones are reached.
S-REITs post negative returns in January
Total returns of S-REITs were at -4.6%.
Daily Markets Briefing: STI down 0.54%; Top stock is DBS
DBS is the top stock despite a 0.975% decline.
Winners of Singapore budget 2024: banks, tech, renewables
Players in consumer staples and manufacturing cheer as well.
Proposed changes to cybersecurity law may improve oversight, scope: expert
Digitisation and reliance on outsourced computing vendors are among factors influencing the changes.
SG, Malaysia ink MOU to combat telco scams
The collaboration will facilitate mutual exchange of knowledge through training programmes.
Manufacturing output grows 1.1% YoY in January 2024
The transport engineering sector recorded the highest output growth of 43.5% YoY.
Buyer hesitancy drag condo resale volumes down
In January, resale volume slipped 0.6% MoM.
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