News

Sembcorp Industries profits sink 13% to $71m in Q3

Lower revenues from rigs and floaters dragged on turnover growth.

Wilmar International profits rise 10% to $608.4m in Q3

It sold off its discontinued operations in Brazil.

Singapore inks intellectual property deal with Japan

Japanese firms will have access to IPOS International’s patent search and analysis services.

Chart of the Day: Almost half of condo units sold in Q3 priced $1m-$1.5m

This is a result of an increase in the proportion of smaller units being sold.

Daily Markets Briefing: STI down 0.87%

ComfortDelGro saw the sharpest decline amongst top active stocks with a 2.52% fall.

Daily Briefing: Orchard Road is world's 16th priciest retail street; AML startup Silent Eight bags $8.45m in series A funding

And fingerprints and facial immigration clearance will soon greet travellers in Singapore airports by 2025.

Singapore fintechs took up 51% of funding in ASEAN as of Q3

Singapore Life’s $150.39m funding was amongst the year’s notable deals.

The Arcade in Raffles Place to be tendered for $780m

The property’s management team says the building needs a revamp.

SATS profit down 7.6% $60.7m in Q2

Operating profit slid 1.5% no thanks to lower contributions from its food solutions business..

OUE C-REIT's NPI up 54.8% to $50.1m in Q3

This was mainly due to contribution from the OUE Downtown office.

How luxury brands are turning old inventory into opportunity whilst staying environmentally sustainable

OnTheList ties up with brands like Jimmy Choo and Armani for weekly, members-only flash sales.

City Developments profits down 33.7% to $114.96m in Q3

The property development segment generated lower gross profits.

MAS launches framework to promote AI and data analytics adoption

It will enable financial institutions to evaluate their AIDA-driven solutions against FEAT principles.

ComfortDelGro's profits down 10.8% to $70m in Q3

This was due to higher losses in the rail business and competition in the taxi business.