News

COTD: Strata office sales hit $699.6m in H1

The average unit price fell 3.2% to $2,787 per square foot.

Thomson Medical Group warns of FY2025 loss

The decline is attributable to higher interest expenses.

Sri Tang Gloves’ profit drop by nearly 80% in Q2

This was attributed to the US’ reciprocal tariffs.

Lion-OCBC Low Carbon ETF gains traction among young investors: report

The ETF has delivered a total return of 49% as of August 6, including a 13% annualised return since its debut.

Ascott signs deal to manage five-star hotel in Johor Bahru

It will offer 207 rooms and target both short- and long-stay travellers.

Nibertex raises $9.45m in Series A round led by TNB Aura

The investment marks TNB Aura’s first major deployment in the Philippines.

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.