News

Import, export price indices fall YoY in July 2025

The decrease in non-oil indices was due to the Machinery and Transport Equipment index

Avi-Tech’s net profit sinks 76.4% in H1

Despite this, the board proposed a final dividend of $0.0025 per share.

Civmec net profit falls 34% YoY in FY2025

The decline was due to lower revenue from reduced activity levels.

GuocoLand net profit falls 17% YoY for FY2025 to $107m

Growth in Singapore was offset by allowances for China losses.

Temasek creates three new units, reshuffles senior leadership

The reorganisation will take effect on 1 April 2026.

Singapore draws $546m in hotel deals with safe haven appeal

Hotel investment volume across Asia Pacific reached $4.7b in H1 2025, down by 23% YoY.

Half of Gen Zs expect to retire comfortably without planning

However, 72% of Gen Z respondents reported having no retirement plan, as they are focused on building their earning power first.

StashAway rolls out new semi-liquid market portfolios

The new funds are positioned as alternatives to traditional private market vehicles.

IHH Healthcare unveils new brand identity

The rebrand aims to unify its global network under a single purpose and strengthen its position as a provider of healthcare.

Singapore fuels branded home surge with outbound resort capital

The report highlighted Asia Pacific now accounts for 40% of the global branded residence pipeline.

FairPrice Group, Google Cloud partner to launch AI-powered shopping, workplace tools

Shoppers can now use smart carts equipped with multimodal AI assistants.

Business receipts up 6.6% YoY in Q2

Quarter on quarter, it grew 3.7%.

COTD: Luxury homes transaction value climbs to $1.37b

The average price per unit rose to $9.8m from $9.6m.

Seatrium to upgrade FLNG vessel for Golar Hilli

This involves technical modifications for the ship’s redeployment.

Postpone privatisation scheme meeting, SIAS urges

SIAS noted that shareholders received two WhatsApp messages from Singapore Paincare executives.