News

Amcorp Global halts new projects in SG amidst cost pressure

The profit margins for property development in Singapore remain low.

Singapore launches online tool for advance care planning

It guides users through documenting their care preferences for end-of-life situations.

Upper Cross Street property up for sale

It has a total gross floor area of 1,331 square metres.

New protocol combines Western and TCM practices for hypertension

The initiative was launched by Parkway Shenton and Eu Yan San TCM Clinic.

Oiltek International mulls secondary listing in Bursa Malaysia

Its board is of the view that this will broaden and widen its investor reach.

Qian Hu’s profit declines by 87.7% YoY in H1

Earnings per share declined to $0.03 from $0.22 a year earlier.

Luminor Financial unit takes action vs KL Petrogas over unpaid debt

The outstanding debt from KLP was approximately RM14.3m.

UOL sells 53% of Upperhouse units during private preview

Units were sold at an average of $3,350 per square foot.

Daily Markets Briefing: STI up 0.67%; Top stock is Seatrium Limited

Seatrium Limited is the top stock with a 5.78% increase.

AI poised to power Singapore’s 3% annual GDP growth

The report attributed Singapore’s strong AI momentum to its early national strategies, public-private collaboration, and targeted infrastructure investments.

Singapore employers report turnover rise with delayed pay hikes

45% of employers surveyed either reduced or postponed pay rises this year, whilst 17% did not issue any salary increases. 

Investors pivot to S-REITs, bank stocks as T-bill yields drop to 1.8%: analyst

The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.

Singapore launches $200m fund to build aviation workforce

The fund is part of a broader $1b package unveiled by the government in March.

RHB Singapore to lead group’s pivot toward ASEAN growth

In 2024, RHB Singapore reported an 18.6% increase in total income to $252.6m, whilst gross loans grew by 14.7% to $8.95b.