News
Yeo Hiap Seng’s net profit rises 3% in FY2024
Yeo Hiap Seng’s net profit rises 3% in FY2024
The group recommended a dividend of $0.02 per ordinary share.
Tiong Seng rebounds in FY2024
It was driven by higher revenues.
Business receipts in service industries up 8.5% YoY in Q4
The finance & insurance sector led with a 14.2% revenue increase.
SBF forms committee to draft prompt payment code
This aims to improve payment practices in Singapore’s business environment.
Kazakhstan-Singapore investment agreement takes effect 1 March
It grants Singapore businesses greater access to 15 service sectors in Kazakhstan
Straits Trading narrows loss in FY2024
It was mainly due to net fair value gain from investment properties.
ISCA opens first professional services centre in Johor Bahru
This is the first of 10 such centres that it will launch in major cities worldwide by June 2025.
Serial Achieva terminates JV with ASP after fraud charges
The board will announce further updates on its interest in Achieva Tech Allianz.
Singapore revises LBC rates for March–August 2025
The revised rates affect six use groups.
Q&M Dental’s profit up 27% in FY2024
However, the group’s revenue totalled $180.7m, reflecting a 1% YoY decline.
Far East Orchard profit falls 10.6% to $59m in FY2024
Still, the group’s revenue rose 4.5% to $191.9m.
Singapore ranks top choice for high net worth individuals: report
Single Family Offices in Singapore have increased to 1,650 from 400 in 2020, as of 2024.
Singaporean women feel more financially secure than past generations: survey
Only 12% expect full financial support from their own children as they age.
City Development Limited resumes trading after board dispute halt
Group CEO Sherman Kwek continues to lead the company.
Rex International cuts losses to $67.7m in FY 2024
Higher revenue contributed to loss reduction.
Singtel and Qualcomm complete POC for AI-enabled home wifi gateway
The telco plans to commercialise the gateway.
DBS and SMF partner to drive sustainability in SG’s manufacturers
They aim to support 500 small and mid-sized manufacturers.
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Commentary
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