News
Singapore marks completion of transition to SORA
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%.
Everbright Water’s profit falls 14% in FY 2024
Basic earnings per share stood at $0.06 (HK$0.3564), falling 14% YoY.
SingPost to hold EGM for Australia business divestment
The EGM will be on 13 March 2025.
JTC launches two sites under IGLS Programme
The sites are open for tender until 22 April.
Confectionary firm Delfi suffers 26.6% net profit loss in 2024
The group said its performance was impacted by the stronger US dollar.
Oiltek, KPI form JV to build sustainable fuel facility in Indonesia
The partners will explore alternative feedstocks to replace Crude Palm Oil (CPO)
Colliers names new directors for APAC occupier services team
The company has appointed two new directors.
CDL’s PATMI sinks 36.5% YoY in FY2024
Revenue for the period dropped 32.6% YoY.
Sapphire expects lower net profit for FY 2024
Its subsidiary Ranken Railway procured and completed fewer projects.
City Developments Limited requests a trading halt
It was requested on 26 February, 8:02 am.
Print ad spend to drop 5% in 2025 as digital dominates: analyst
Digital advertising segment is projected to expand by 6.3% in 2025.
Singapore equities climb 6% on gains in finance, telecom sectors: FTSE Russell
Over the past three months, Singapore’s equity market delivered a 6% return, outperforming its ASEAN peers.
Social ad spend in Singapore to grow 10.3% in 2025
Social media dominance will fuel this growth.
Daily Markets Briefing: STI down 0.3%; Top stock is Mapletree Log Tr
Mapletree Log Tr is the top stock with a 1.64% increase.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform