News
Raffles Medical Group’s net profit rises 4.8% to $32.1m in H1
Raffles Medical Group’s net profit rises 4.8% to $32.1m in H1
Revenue grew 3.5% YoY to $378.4m.
Union Gas modernises IT with Lenovo ThinkSystem servers
This ensures always-on operations to support LPG, CNG, diesel provisions.
Singapore Polytechnic forms strategic partnerships for workforce change
Manufacturing and accommodation are amongst the targeted sectors.
COTD: Bot surge, data centre traffic drive SG’s high fraud rate
The violation rate for APAC advertisers campaigns increased by 2% YoY.
Majority of Singapore IT leaders expect major AI boost
Benefits include product service innovation (85%).
Singlife warns of gap in care costs with ageing population
Long-term care costs have risen to an average of nearly S$3,000 per month.
Export-oriented industries to bear the brunt of rising trade tensions—report
Policymakers are concerned about sectoral tariffs on pharmaceuticals and semiconductors.
Industrial production to weaken in H2 amidst expected front-loading backlash
Industrial production was up 8% year-on-year in June.
New ESG guide for business valuation released
It expands ESG guidance using international valuation standards.
Daily Markets Briefing: STI down 0.28%; Top stock is City Development
City Development is the top stock with a 2.90% increase.
GIC expands AI adoption with tools to aid investment teams
The fund achieved an annualised nominal USD return of 5.7% over the 20 years ending 31 March 2025.
Singapore Oceanarium debuts at RWS
The Singapore Oceanarium aims to deepen public engagement with marine science.
HDB resale prices up in Q2, but market shows signs of cooling: analysts
Resale prices rose 0.9% QoQ — the slowest increase since Q2 2020, whilst transaction volume rose 7.8% to 7,102 flats.
Private home sales slide 64% in Q2, but prices remain resilient
Despite the decline in transactions, prices across the residential, office, and retail sectors largely held steady or rose slightly,
Singapore firms lead ASEAN with 53 ACGS governance awards
The average score across all Singapore entities was 98.4.
ASA confirms $1m issued to ex-CEO without board knowledge
A third cheque for $310,000, dated 9 June 2025, was later identified by the bank and disclosed to the Board on 18 July 2025.
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