News

HSBC's Philip Lee joins ST Engineering board

He will be part of the finance committee.

Civmec posts a 16.9% rise in net profit for 3Q24

The company also posted higher revenue.

United Hampshire NPI suffers 1.3% YoY drop in 1Q24

The REIT linked the decline to the loss of contributions from Big Pine Center.

Kimly's sees net profit dip of 6.1% YoY in H1 2024

This was despite a 1.9% increase in revenue.

S’pore insurers not mandated to override decisions on PWD provisions

MAS found no unfair practices but stressed improved insurer communication.

Food Empire posts 14.5% YoY revenue growth in 1Q24

The company sees gains from 2Q24 with Malaysian expansion.

OCBC courts Great Eastern with S$1.4b offer

The bank plans to increase its investment beyond its current 88.44% stake.

Fu Yu registers a net profit of $5,200 in 1Q24

The company linked low net profit to its manufacturing arm.

Rize eyes tech boost, expansion through $18.95m Series A funding

The company targets growing its team of agronomists to over 100 to reach more rice farmers in 2024.

Singaporean workers wary of trusting AI: report

Workers fear losing control over AI; human oversight crucial to trust.

Business park rents grow 2.1% in 1Q24

Rents, however, may soften amidst elevated vacancies.

Daily Markets Briefing: STI up 0.04%; Top stock is DBS

DBS is the top stock despite a 1.204% decrease.

Singapore office demand softens 

Previously leading office expansions, tech firms and banks are now scaling back.