News
Frasers Property jointly secures Songjiang residential site for $152m
The site will be developed into 189 low-rise homes.
17Live trims losses to $4.4m as streaming revenue jumps
Revenue from its V-Liver livestreaming doubled to $14.7m.
Yangzijiang Shipbuilding profit soars 61.7% to $1.22b in FY2024
Revenue also rose 10.1% YoY.
Singapore’s internet cost amongst the most affordable globally
The average cost of fixed broadband data is US$1.02 per Mbps.
Daily Markets Briefing: STI down 0.09%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 2.66% increase.
Why 67% of Singapore’s employees eye job change in 2025
Less than half believe pay is adequate but over a third think it’s unequal.
Ching Shine Industrial Building for collective sale at $113m
The freehold industrial property consists of 52 strata units.
OCBC leads regional sustainable finance rankings in 2024
As of September 2024, the bank’s sustainable finance loan commitments reached $64.7b.
SATS’ food segment headed for better profits but cargo faces uncertainty
The potential removal of a tax exemption rule in the US could impact its revenue.
Hyphens Pharma net profit grows to $10.76m in 2024
Revenue also jumped 14.6% for the year.
Food Empire net profit down 11.4% in 2024
Net profit in H2 was down by 10.1%
IFPAS approves two financial courses for SkillsFuture credit
Both courses are approved for the Base Tier of SkillsFuture.
Singapore marks completion of transition to SORA
Over 87,000 retail loans were transitioned to the new benchmark rate.
OKP Holdings net profit attributable to equity holders slips 24.5% in 2024
Revenue for the year increased 13.3%
Grand Venture Tech’s profit up 86% in 2024 on strong semiconductor demand
GVT expects further growth through its expansion in advanced semiconductor manufacturing technologies.
SBS Transit’s net profit up 1.8% YoY to $70.3m in 2024 on more passengers
Operating costs rose 2.5%, whilst EBTIDA fell 4.3%.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform