News
Boustead bags semiconductor project, raises 2026 order book to $193m
Boustead bags semiconductor project, raises 2026 order book to $193m
The 9,000-square-metre Tampines plant will be completed by Q4 2026.
Japan Foods widens net loss in H1
The group said it was mainly due to closures of underperforming restaurants.
Singapore records 3,357 F&B openings as of October
The city-state also recorded 2,431 closures over the same period.
Addvalue Technologies' net profit surges to $2.5m in H1
The group said it was mainly due to the product mix of the sales for the period.
Sri Trang Agro reports $33.7m Q3 loss as demand softens
Shareholder loss widened 7% QoQ on weaker rubber prices.
mm2 Asia and subsidiaries face $74.6m debt repayment demands
UOB demands immediate payment from the companies within seven days.
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%.
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