News
Cortina Holdings’ H1 profit rises 11% as retail offsets cost pressures
Cortina Holdings’ H1 profit rises 11% as retail offsets cost pressures
It expects stable profitability in FY2025/26.
SingPost’s net profit falls 17.1% YoY in H1
It was mainly due to one-off gains from divestments.
Baby boomers’ cash to prop up prices of HDB resale market
Prices are expected to rise about 3% in 2026.
COTD: CBD Grade A Office rents hit $9.93 after 0.8% Q3 rise
It was the sixth consecutive QoQ increase.
Singapore public sector lags on AI adoption with 26% uptake
61% cited inadequate data infrastructure or reliance on legacy systems, whilst 52% raised concerns about privacy and security.
Daily Markets Briefing: STI up 0.16%; Top stock is OCBC Bank
OCBC Bank is the top stock with a 3.43% increase.
Singtel sells 0.8% stake in Bharti Airtel for $1.5b
The transaction is estimated to generate a gain of $1.1b.
OCBC net profit holds steady at $1.98b in Q3
Quarter-on-quarter, net profit was up 9% from $1.82b.
COTD: Luxury CCR condo sales climb to 50 units in Q3
Of the 50 units, 29 were new sales, 20 were resales, and one was a subsale.
About 3 million Singaporeans to get Assurance Package cash in December
The cash quantum for this disbursement will range from $100 to $600.
Hotel occupancy flat at 82%YoY in first nine months
The Average Room Rate stood at $269.31, marking a year-on-year decrease of 3.2%.
China Taiping Insurance SG unveils two universal life plans for HNWIs
The indexed account will have returns linked to the performance of two indices.
SGX opens consultation on new 'Iris-ST' trading engine
The consultation is open until 31 December 2025.
Thakral profit surges to $19.5m on strong investment and lifestyle segment
GemLife revaluation and Osaka sale boosted the quarterly results.
FLCT property valuation hits $6.7b
Its Singapore properties were valued at $856m.
SG, Bahrain enhance dispute settlement with launch of int'l commercial court
The new Bahrain court is based on Singapore model for cross-border dispute resolution.
Yangzijiang Financial drops Ningbo Shanshan investment plan
The proposal failed to win approval at a creditors’ meeting.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform