News
Tuan Sing swings to H1 profit on $19.2m
Tuan Sing swings to H1 profit on $19.2m
Revenue fell 34% YoY to $70.3m due to muted operational performance across its core business segments.
Singapore banks adopt cautious H2 outlook: CGS
Slower loan growth and higher credit risk are expected to weigh on performance, the firm said.
SG tech firms face risks from 100% US semiconductor tariff
Intel’s US investments may ease tariff impact.
Gov’t pilots initiatives to enhance Boat Quay vibrancy
Starting from 18 August 2025, applicants may submit proposals for new bars.
COTD: GenAI adoption gaps emerge in key demographic groups
On a weekly basis, the 18 to 24 age group logged the highest Gen-AI use at 79%.
Singapore a vital hub in global financial landscape, NYSE says
NYSE congratulated Singapore on its 60th National Day.
Far East Orchard’s attributable profit up by 7.5% YoY in H1
The group’s revenue and operating profit declined by 6.1% and 14.4%, respectively.Far East Orchard reported that its attributable profit for the first half of 2025 was $19.6m, an increase of 7.5% year on year (YoY).
MSCI launches two new data and analytics solutions
More than half of stakeholders said that they face difficulties finding attractive deals.
Genting Singapore’s net profit falls 34% YoY in H1
Earnings per share for the period were 34% YoY lower at $0.0194.
Yeo Hiap Seng’s net profit falls by 50% YoY to $1.6m in H1
Group revenue declines by 10.1% to $148.6m in the same period.
Sembcorp’s net profit down 1% in H1
Its business segments recorded mixed results.
Latest Astrea bonds achieve 3.4 times subscription rate, draw over $3.4b
Fund manager Azalea increased the amount of retail bonds in Astrea 9 by 37%.Azalea Investment Management reported that the three classes of their Astrea 9 PE bonds garnered total subscriptions of over $3.4b, achieving a subscription rate of 3.4 times the US$780m bonds offered under both placement tranches and public offers.
BHG Retail REIT NPI down 16.1% in H1
This is due to the weakening of the RMB against the Singapore dollar.
SGX Group posts record revenue, profit for FY2025
Adjusted net profit rose 15.9% YoY to $609.5m.
Singapore ranks 4th in global startup ecosystem index 2025
The city-state recorded a 44.9% growth rate.
Frasers Property posts $1.4b residential sales
In Singapore, 712 units were sold.
Australia files proceedings against Singtel’s Optus over 2022 data breach
The Optus entities said they would review the claims and respond in due course.
Commentary
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