News
Moneyhero Group narrows net loss by 78% in FY2024
Moneyhero Group narrows net loss by 78% in FY2024
This was driven by higher revenue from insurance and wealth products.
First REIT”s Q1 DPU down 3.3% to $0.0058
NPI dropped 2.8% YoY.
Far East Hospitality Trust’s NPI drops 8.3% in Q1
Gross revenue also declined by 6.8% YoY.
ST Engineering unit issues US$750m notes due 2030
This will be used to refinance existing loans.
Wilmar International's net profit grows 13.5% YoY in Q1
Revenue also increased by 3.3% to $20.9b (US$16b).
Keppel DC REIT subsidiary acquires green loan facility
Mandatory prepayment will be triggered if the company ceases to be a Keppel subsidiary.
Starhill Global REIT’s NPI up 0.5% YoY in Q3 2024/25
NPI for the period was $37.9m.
Singapore SMEs face highest borrowing costs in 2024
Approvals for loans above $300,000 accounted for only 3% in 2024.
JTC launches two new sites under the 2025 IGLS Programme
The sites were launched with an additional three-year tenure.
IREIT Global’s occupancy up 88.7% in Q1
The company linked this to new leases within its Spanish portfolio.
FIH posts $3.8m net loss in FY2025
Gross profit dropped 22.4% YoY.
Grab posts $10m profit in Q1
This improved from a $115m loss in the same quarter in 2024.
Tripartism remains bedrock of SG’s progress: Manpower minister
From 2019 to 2024, real wages at the 20th percentile grew 5.8%, outpacing median wage growth.
Microsoft: 81% of workers lack time, energy for tasks
In return, companies are rapidly turning to AI agents.
RHB expects Singapore inflation to stay muted through 2025
The report forecasts headline inflation at 1.6% and core inflation at 1.1% for the year.
UNDP, Trigger to boost SDG startup investments in landmark deal
It seeks to improve the efficiency, transparency, and accessibility of capital flows to mission-driven ventures.
Singapore ranks fifth globally for new luxury store openings
Shanghai, Beijing, and Tokyo claimed the top three spots, with Hong Kong placing ninth.
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