News
Landed home price growth slows to 1.9% in Q2 2024
Landed home price growth slows to 1.9% in Q2 2024
For the year, prices will not see more than 6% gains.
Daily Markets Briefing: STI down 0.91%; Top stock is Seatrium Ltd
Frasers L&C Tr is the top stock with a 3.03% increase.
MAS increases gold reserves by 4 tonnes in Q2
It was the sole central bank to register a gold reserve increase in the quarter.
ICA begins token-less clearance at Changi, to complete the rollout by September
The agency also expanded its QR code clearance to motorcyclists.
Singapore, US ink nuclear cooperation agreement
They have been collaborating on nuclear issues over the past decade.
Aoxin Q & M anticipates rebound in H1 2024
The company reported a net loss of $210m in H1 2023.
SAM Holdings warns of a profit slump in FY24
Thanks to a slower-than-expected expansion in business operations.
New private home launches sink to 20-year low in H1
There were only 1,939 units launched– the lowest since 2004.
EDB, IETA launch platform giving access to quality carbon credits
This is a by-invitation alliance linking companies to carbon credits suppliers.
Singapore and Guangdong to boost bilateral trade with new projects
The two economies signed 20 projects in sustainability, health, and agritech.
IndoAgri's H1 net profit up 500% to $51.7m
The increase was due to higher gross profit, foreign exchange gain, and gain from changes in fair value of biological assets.
UOB’s net profit stable at S$2.91b in H1; interim dividend is 88 cents
Income growth and lower allowances were offset by one-off integration costs.
Narrowing price expectations boost landed home transactions by 45.8% in Q2
The number of landed homes sold in Q2 was also 58.1% YoY higher.
SGH and NUS develop algorithm-driven tests for mortality risk indication
The PCAge tool adopts an analytical matric factorisation approach to simplify complex data.
43% of S’pore retailers struggle with brand awareness: survey
Ad and email fatigue amongst the main hindrances in building brand awareness for retailers.
Keppel's net profit falls sharply by 92% YoY to $304m in H1 2024
Excluding legacy O&M assets, net profit from continuing operations would be 7% YoY higher.
Singapore Airlines Group net profit falls 38.4% YoY to $452m in Q1 24/25
The airline attributed the decline to weaker operating performance.
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