News

Beng Kuang Marine’s net profit soars 168% in FY 2024

The company’s proposed dividend per ordinary share stood at $0.006.

UOB Group launches $3b Capital Distribution Package for shareholders

The group also introduced a $2b share buyback programme.

Gold Peak invests US$150m under JS-SEZ Green Lane initiative

The investment will build a manufacturing and R&D facility in Johor.

SingPost operating profit falls 23.8% to $21.1m

Operating expenses outpaced its revenue growth.

Trip.com reveals top travel trends for Singaporeans in 2025

Cruising and space tourism is gaining traction among Singaporean travellers.

CSE Global order intake sinks 21.6% in Q4 2024

The order intake for the electrification business segment was 31.1% lower YoY.

LTA imposes 3-year lock-in period for business-owned chauffeured private hire cars

This aims to achieve a more stable supply of vehicles that can be used to provide ride-hailing services.

Grab revenue climbs 19% for full-year 2024

This was attributed to a 16% increase in total sales from rides and deliveries.

Seatrium and International Maritime Industries ink jack-up rig deal

The LeTourneau Super 116E Class design was selected.

Two District 1 properties along Hongkong Street up for sale

The properties are located at 7 and 36 Hongkong Streets.

Manulife US REIT divests New Jersey property for US$40m

Divestment proceeds will repay 19% of 2026 debt.

BUDGET 2025: R&D investments critical, but SME access remains uncertain

It also aims to foster the development of new capabilities, supporting industry transformation whilst creating better jobs.

Hong Leong unveils Lentor Central Residences

Room sizes range from 463 sq. ft. for a 1-bedroom to 1,399 sq. ft. for a 4-bedroom.

BUDGET 2025: AI upskilling drive faces challenges in workplace integration

 The grant is crucial for preparing the workforce to adapt to AI-driven changes.