News
Retail sales see modest 2.3% growth in June
Retail sales see modest 2.3% growth in June
Sales growth driven by a strong YoY sales increase in motor vehicles.
CDL takes top bids for Senja Close and Woodlands Drive 17
The two land parcels are for the development of Executive Housing Condominiums.
CEO tenure in Singapore longer than global average
The global average is 6.8 years.
Vin’s Holdings forecasts net loss in H1
The group also expects an increase in administrative expenses.
Prepayment losses in beauty sector surge 464% in H1
This comes despite an overall 19% drop in consumer complaints.
F&N Foods reports profit dips amidst lower milk sales
Dairies business generated most of the earnings for the nine months ended 30 June.
Aztech unit sells China property for $7.31m
Upon completion of the Sale, Aztech will report a net gain of $3.9m.Aztech Global’s wholly-owned subsidiary, Aztech Communication Device (DG), has sold its property in Dongguan, China for $7.31m (RMB 41m) to an independent third party.
PLife REIT NPI up 8% in H1
Gross revenue also rose 8.1% to $78.3m.
SATS opens new BUP Handling Centre at Changi Airport to speed up airfreight
The centre spans half a soccer field.
MPACT prices $200m green notes at 2.45% per annum
Proceeds will be used to finance or refinance MPACT green projects.
SingFinance’s net profit jumps 35% YoY in H1
Earnings per share stood at $0.1835.
ST Engineering wins two LTA contracts for Thomson-East Coast Line Extension
Both contracts begin in Q3 2025.
CICT raises $600m in oversubscribed private placement
The placement originally targeted $500m.
Three Wilmar subsidiary executives named in rice quality scandal
The suspects are PT PIM's president director, factory head, and quality control head.
Keppel sells Saigon Sports City stake at a discount
The deal was first announced in 2024.
FSL Trust’s net profit up 21% in H1
Earnings were stable, with one vessel disposed of during the period.
EuroSports Global chairman remains ‘suitable’ despite being charged
He faces 19 charges under Singapore’s Securities and Futures Act.
Commentary
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Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.