News
Far East Orchard buys 49% stake in UK’s Homes For Students Limited
Homes For Students Limited is the largest independent PBSA operation in the UK.
Changi Airport surpasses 1Q19 passenger count by 0.5%
The airport handled 16.5 million passengers in 1Q24.
iFAST Corp net profit leaps nearly five times over in Q1
The increase in earnings was driven by contributions from its ePension division, and improvements in its wealth management business.
BMW Group Asia's Singapore Sales Surge in 1Q24
In 1Q24, the group's premium segment reported a 51.5% YoY increase in sales.
Sheng Siong net profit up 8.9% to $36.3m in 1Q24
The supermarket attributed the increase to better sales.
MapleTree Industrial Trust’s NPI rises 0.6% on new acquisitions, leases
Despite higher NPI, MIT saw a 1.0% YoY dip in DPU.
CLI reports lower revenue of $650m in 1Q24
Its real estate investment business (REIB) revenue fell 4% YoY.
9 of 10 companies made ransomware payments in 2023: ExtraHop
The average cost of ransomware payments was $4.49m (US$3.3m) per company last year.
Political risk tops list of concerns for local firms
Eight in 10 concerned elections will affect international trade and operations.
Changi Airport Group selects OUE for Hotel Indigo development
The hotel is set for completion by 2028.
MSIG Singapore to maintain footing from parent support: S&P Global
S&P Global Ratings said the insurer will remain highly strategic.
Expert forecasts continued rise in prime office rents
In 1Q24, Singapore recorded a 3.4% YoY uptick in occupancy cost.
Daily Markets Briefing: STI down 0.16%; Top stock is DBS
DBS is the top with a 0.204% increase.
Singapore industrial rents rise 1.7% in Q1, prices dip for the first time in over three years
Price and rents expected to soften due to slow global growth and high supply.
Nearly all Singaporeans surveyed seek purpose at work: report
Only one in five find meaning in what they do.
Synpaxe, tech giants foster GenAI in healthcare
The parties launched a challenge which saw the participation of over 160 healthcare professionals.
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