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Olam Group closes down digital farmer services platform to conserve cash
Olam Group closes down digital farmer services platform to conserve cash
606 employees will be affected by the reorganisation.
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.
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.
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.
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.
China’s JD.Com property arm, Partners Group, EZA Hill eye $1b Singapore REIT
It could list on the Singapore Exchange as early as next year.
Singapore doubles CareShield Life payout growth rate to 4% yearly
From 2030, monthly payouts for claimants will be US$628 (S$806).
CapitaLand Ascott REIT signs asset management deal for three Japan properties
The properties are Splendide Namba West, Pregio Esaka South, and Pre De Court Nishikyogoku.
Tan Chong swings to profit with $1.9m net income
An interim dividend of $0.0033 per ordinary share was declared.
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Commentary
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