News

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.

Everbright Water’s profit declines 3% YoY in H1 2025

 Revenue also slightly decreased by 2% in the same period.

Delfi Limited’s EBITDA declines 26% YoY in H1 2025

Net sales also went down by 0.5% compared to the same period in 2024.

MDDI launches public consultation on amendments to the PSGA

This is to enhance data usage and deliver better services to Singaporeans.

COTD: Landed transactions slightly dip in Q2

It is still above the past three-year quarterly average of 389 units.