News
Trade tensions and tariffs cloud Asia’s economic recovery outlook: report
Trade tensions and tariffs cloud Asia’s economic recovery outlook: report
The findings were based on discussions with investors from Singapore and Hong Kong.
NeraTel posts $2.8m net loss in FY2024
This is due to weaker revenue, market headwinds, and an impairment loss on assets under construction in a foreign subsidiary.
Elite UK REIT divests Wales property for $1.2m
This is at an 18% premium valuation.
Creative Technology CEO announces retirement
The group’s executive chairman will take over as interim CEO.
Singtel undecided on Gulf stake option
The amalgamation of Gulf and Intouch is set for 1 April.
Daily Markets Briefing: STI up 0.34%; Top stock is ST Engineering
ST Engineering is the top stock with a 8.5% increase.
Sheffield Green enters JV to open training centre in Malaysia
The group will own a 45% share in the JV company.
UMS Integration Limited net profit falls 32% in 2024
Revenues were down 19% for the year.
CDL Chairman defends governance amid legal dispute
CDL recently announced a trading halt.
Oiltek plans 2 for 1 bonus share issue
It aims to reflect business growth and reward shareholders.
Singapore banks recalibrate ASEAN strategies
The three banks stand to see growth opportunities in the Johor- Singapore SEZ.
Soilbuild net profit surges 263% in FY2024
The group’s revenue climbed by 58.4% to $391.8m.
Singapore and Bhutan ink carbon credits cooperation
This deal will accelerate climate action through increased funding for mitigation.
ISDN Holdings’ net profit increases by 25% YoY in FY2024
The final dividend is set at $0.0047, representing a payout ratio of 25%.
Japfa rebounds to $153.3m profit in FY2024, reversing $41.6m loss
Revenue also rose 4.3% to over $6.2b.
Nam Cheong profit leaps to $243.6 in FY2024
Its revenue growth was driven by its fleet expansion, amongst others.
Yeo Hiap Seng’s net profit rises 3% in FY2024
The group recommended a dividend of $0.02 per ordinary share.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape