News
Wilmar’s Q1 net profit plunges 22.6% YoY
Lower earnings from some of its business units and investments in China pulled Wilmar’s net profit down.
Wilmar’s Q1 net profit plunges 22.6% YoY
Lower earnings from some of its business units and investments in China pulled Wilmar’s net profit down.
1 in 3 executives dread political risk in 2024
More than 60 countries are holding elections this year.
Singapore prime office values hold steady in Q1
Small deals to dominate the first half.
Daily Markets Briefing: STI down 0.18%; Top stock is Singtel
Singtel is the top stock despite a 2.49% decrease.
Auction listings drop 9.1% QoQ in 1Q24
There were 90 listings in the first quarter of 2024.
Seatrium initiates $100m share buyback programme
The programme could take over a year to complete.
Don Agro International's Tetra to Dispose Shares Worth $67.1m
Tetra’s shares in four companies will be sold to Agroholding Prostory and DonTK.
Dasin Retail Trust receives property possession notice over outstanding debt
This refers to the offshore facility worth $430m.
De Beers Group to relocate auctions HQ from Singapore to Botswana
It moved its Global Sightholder Sales business from the US to Botswana in 2013.
Temasek Trust introduces TTFA for philanthropy advisory services
The initiative allows clients access to Temasek Trust’s ecosystem entities, such as CIIP and ACC.
Healthsprings unveils new platform for telemedicine services in Singapore
The group’s aesthetic medicine services are available through the platform.
Changi Airports International forms JV with Wuxi Airport for non-aeronautical business
The airport consultant will manage the airport’s non-aero business for 20 years.
Citadines Connect City Centre seeks to offset booking woes with TA Network deal
The partnership will enhance the handling of payments with travel agencies and more.
Singapore to enhance safety and retirement for gig workers
The country will become the first in the world to introduce such measures.
Gov't to roll out support scheme for retrenched workers late 2024
The government is finalising the details of the scheme.
HDB resale prices accelerate in 1Q24
It rose 1.8% QoQ.
Cromwell European REIT offloads Finnish and Italian assets for $10.5m
The assets were sold for $7.9m and $2.63m, respectively.
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Commentary
Singapore Companies Eye Vietnam to Navigate Manufacturing Shifts, Green Transition, and the AI Revolution