News
Savills taps Cheng Su Chen as group managing director
Savills taps Cheng Su Chen as group managing director
She has managed regional facilities management operations in Thailand and China.
Hongkong Land’s Q1 2025 underlying profit ‘in line’ YoY
The group’s net debt reduced to US$4.9b.
Changi Airport Group net profit doubles to $841m in FY2024/25
Passenger traffic reached 68.4 million in FY2024/25.
IMDA, Cisco to build 5G opportunities and risk testbed
Cisco will provide IMDA with its hybrid 5G Core Network Architecture.
Merchandise trade rises 4.9% YoY in Q1 2025
This growth is driven by increases in both exports and imports.
Yangzijiang Shipbuilding posts $374.25m order wins in YTD 2025
It represents just 5% of full-year target.
Yoma’s net profit falls 36% YoY in FY 2025
Revenue decreased by 7% YoY to $264.8m.
Singapore ranks 4th in global startup ecosystem index
Singapore City also moved up four places to 12th globally.
Industrials gain momentum on SGX amidst tech and trade shifts: SGX
Industrials now make up one-fifth of the 100 most actively traded stocks by average daily turnover, SGX reported.
Four in five firms expect tariff-related disruption: survey
MNCs expressed greater concern (89%) compared to small and medium-sized enterprises SMEs.
Singtel launches $2b share buyback as part of capital plan
The buybacks will be executed on the open market, with the repurchased shares to be cancelled.
Nearly 60% of Singaporeans unlikely to leave city: survey
59% of Singapore residents said they were “unlikely” or “very unlikely” to leave the city.
Shophouse at MacPherson Road launched for sale at $7.8m
This is roughly $1,625 per square foot based on gross floor area.
Singapore IT leaders struggle to secure IT infrastructure: report
Over the past year, 51% of IT leaders have experienced a data breach.
Daily Markets Briefing: STI down 0.17%; Top stock is Singtel
Singtel is the top stock with a 2.60% increase.
Airwallex raises $387m in Series F funding for expansion plans
The company plans to use the funds to expand into Japan, Korea, the UAE, and Latin America.
Singtel launches $2b share buyback programme
This is the group’s first share buyback programme.
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Commentary
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