News
Qian Hu’s profit declines by 87.7% YoY in H1
Qian Hu’s profit declines by 87.7% YoY in H1
Earnings per share declined to $0.03 from $0.22 a year earlier.
Lum Chang Creations IPO 47.3 times subscribed
It raised gross proceeds of $12.25m.
Luminor Financial unit takes action vs KL Petrogas over unpaid debt
The outstanding debt from KLP was approximately RM14.3m.
UOL sells 53% of Upperhouse units during private preview
Units were sold at an average of $3,350 per square foot.
Daily Markets Briefing: STI up 0.67%; Top stock is Seatrium Limited
Seatrium Limited is the top stock with a 5.78% increase.
RHB Singapore to lead group’s pivot toward ASEAN growth
In 2024, RHB Singapore reported an 18.6% increase in total income to $252.6m, whilst gross loans grew by 14.7% to $8.95b.
Singapore launches $200m fund to build aviation workforce
The fund is part of a broader $1b package unveiled by the government in March.
Investors pivot to S-REITs, bank stocks as T-bill yields drop to 1.8%: analyst
The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.
Singapore employers report turnover rise with delayed pay hikes
45% of employers surveyed either reduced or postponed pay rises this year, whilst 17% did not issue any salary increases.
AI poised to power Singapore’s 3% annual GDP growth
The report attributed Singapore’s strong AI momentum to its early national strategies, public-private collaboration, and targeted infrastructure investments.
NHG Health expands access to diabetic foot and eye screenings
This fuels efforts to enhance early detection and management.
SCCCI and Maybank collaborate to drive more investments in JS-SEZ
The MoU is expected to benefit an estimated 5,000 SCCCI corporate members.
Tripartite MoU signed to expand RAS accessibility in Singapore
One key focus area is research into tele-surgical education and training.
Prime office rents rise 0.9% YoY in Q2
Knight Frank said Singapore’s prime office market remains stable.
Condo prices dip by 0.2% MoM in June
Year on year, overall rental prices increased by 2.5%.
Commentary
Why phishing and software updates still matter for Singapore organisations
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform