Markets & Investing
Consumer, tech firms dominate RHB’s top 20 small-cap companies: report
Consumer, tech firms dominate RHB’s top 20 small-cap companies: report
Taking the top spot was the sole telecom firm in the list.
HK-listed ESR Group receives privatisation proposal from investor group
The process is currently at the preliminary stage.
Allozymes raises $20.25m to fund Europe expansion
Two new investors joined in this round of funding.
SIIC Environment Holdings Ltd first profit declines over lower construction revenue
The company generally had a lacklustre performance during the quarter.
EC World REIT Q1 DPU falls 19.8% amidst lower revenue and higher interest rates
The manager reported lower operating performance during the period.
Sasseur REIT EMA rental income slips 1.4% in Q1 2024 due to weak yuan
Outlet sales also fell 2.6%.
Daily Markets Briefing: STI up 0.39%; Genting Singapore is top stock
Genting Singapore grew by 4.52%.
UMS Holdings' Q1 profit plummets 44% YoY due to semiconductor sales slump
The company remains positive as the semiconductor sales decline has moderated.
Marco Polo Marine's adjusted net profit jumps 30% YoY in H1 2024
Its revenue grew 10%, thanks to its ship chartering operations.
Keong Hong Holdings losses widen to $9.5m in 1H24
Besides wider losses, the company reported a 40.9% YoY revenue drop.
Jumbo Group net profit up 11.9% YoY to $8.89m in 1H24
Its Singapore operations helped boost profit for the period.
Keppel unit divests shares in Dyna-Mac for $100m
The subsidiary had 23.91% shares in Dyna-Mac.
United Hampshire NPI suffers 1.3% YoY drop in 1Q24
The REIT linked the decline to the loss of contributions from Big Pine Center.
Kimly's sees net profit dip of 6.1% YoY in H1 2024
This was despite a 1.9% increase in revenue.
Singapore property tax hike dents FHT's 1H24 bottom line
In 1H24, the REIT reported a 1.3% YoY lower NPI.
Prime US REIT's net property income dips 11.7% YoY to US$20.8m
The REIT faced lower occupancy and higher finance expenses.
Mirxes reports $95.4m net loss ahead of IPO
Costs of R&D and administrative activities widened last year’s losses.
Commentary
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade