News
Court rejects application to set aside worldwide freezing order
Novo Nordisk was found to haver better argument.
ComfortDelGro earnings rise 11.2% to $106m in H1 2025
Overseas revenue now accounts for over 50% of the company’s total revenue.
StarHub’s net profit down by 41.7% YoY in H1 2025
Earnings per share for H1 2025 dropped 43.8% YoY to 2.6 cents.
Banyan Tree’s profit jumps 45% in H1
Operating profit increased to $43.3m.
Singapore and Hong Kong ink MoU on health product regulation
The agreement covers pharmaceuticals, medical devices, and traditional medicine.
CSE Global’s net profit up 8.5% in H1
Revenue also grew 2.8% YoY to $440.9m.
COTD: Demand for new flats rises
This may be attributed to generous grants and subsidies.
Retirement age hike boosts senior jobs: study
The employment effect of the 2022 REA increase was similar to that of the 2017 change to 67 from 65.
Water transport growth accelerates in H1: report
The momentum was fuelled by a surge in container volumes.
Most Singaporeans want proactive AI: survey
18% of respondents have used agentic AI, whilst another 31% plan to do so in the next year.
Temasek issues 2-year fixed and floating US dollar bond offerings
Proceeds from the bond issuance will be used to fund activities in the ordinary course of business.
Antler invests $3.75m in seven AI startups under SG program
The four-week, in-person residency targets AI ventures with market-ready products and live customers.
HDB resale prices to rise 4–5.5% in 2025
In Q2, resale prices rose 0.9% QoQ and 8% YoY, marking the 21st consecutive quarter of price growth.
Prefer launches coffee, cocoa powders from food byproducts
The new ingredients aim to help customers reduce supply chain risks.
Daily Markets Briefing: STI up 1.23%; Top stock is CDL
City Developments is the top stock with a 7.09% increase.
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