News
Ascott signs deal to manage five-star hotel in Johor Bahru
Ascott signs deal to manage five-star hotel in Johor Bahru
It will offer 207 rooms and target both short- and long-stay travellers.
Daily Markets Briefing: STI down 0.43%; Top stock is DBS
DBS is the top stock with a 1.99% increase.
Nibertex raises $9.45m in Series A round led by TNB Aura
The investment marks TNB Aura’s first major deployment in the Philippines.
Tuan Sing swings to H1 profit on $19.2m
Revenue fell 34% YoY to $70.3m due to muted operational performance across its core business segments.
Singapore banks adopt cautious H2 outlook: CGS
Slower loan growth and higher credit risk are expected to weigh on performance, the firm said.
SG tech firms face risks from 100% US semiconductor tariff
Intel’s US investments may ease tariff impact.
Gov’t pilots initiatives to enhance Boat Quay vibrancy
Starting from 18 August 2025, applicants may submit proposals for new bars.
COTD: GenAI adoption gaps emerge in key demographic groups
On a weekly basis, the 18 to 24 age group logged the highest Gen-AI use at 79%.
Singapore a vital hub in global financial landscape, NYSE says
NYSE congratulated Singapore on its 60th National Day.
Far East Orchard’s attributable profit up by 7.5% YoY in H1
The group’s revenue and operating profit declined by 6.1% and 14.4%, respectively.Far East Orchard reported that its attributable profit for the first half of 2025 was $19.6m, an increase of 7.5% year on year (YoY).
MSCI launches two new data and analytics solutions
More than half of stakeholders said that they face difficulties finding attractive deals.
Genting Singapore’s net profit falls 34% YoY in H1
Earnings per share for the period were 34% YoY lower at $0.0194.
Yeo Hiap Seng’s net profit falls by 50% YoY to $1.6m in H1
Group revenue declines by 10.1% to $148.6m in the same period.
Sembcorp’s net profit down 1% in H1
Its business segments recorded mixed results.
Latest Astrea bonds achieve 3.4 times subscription rate, draw over $3.4b
Fund manager Azalea increased the amount of retail bonds in Astrea 9 by 37%.Azalea Investment Management reported that the three classes of their Astrea 9 PE bonds garnered total subscriptions of over $3.4b, achieving a subscription rate of 3.4 times the US$780m bonds offered under both placement tranches and public offers.
BHG Retail REIT NPI down 16.1% in H1
This is due to the weakening of the RMB against the Singapore dollar.
SGX Group posts record revenue, profit for FY2025
Adjusted net profit rose 15.9% YoY to $609.5m.
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