News

Household income grows faster than spending from 2017/18 to 2023

Income grew 4.1% annually to $15,473, outpacing 2.8% expenditure growth to $5,931.

Singapore’s old-age support ratio nearly halves after 10 years

The labour force participation rate for younger individuals also declined.

Digital Core REIT responds to unitholder queries about Frankfurt acquisition

Queries include questions about its valuation and factors on size acquisition.

Real incomes rise in 2024 as wages increase and inflation eases

Both lower- and median-income workers experienced an increase in real incomes.

Singapore’s ageing population boosts demand for senior healthcare innovations

Experts highlight AI and robotics as key drivers in transforming aged care.

Hybrid work exposes generational divides in businesses

Changes in automation and collaboration were observed in hybrid teams.

IHH Healthcare’s YTD 2024 earnings drop 13% YoY

Excluding exceptional items, earnings grew by 35%. 

Hong Kong Land unveils Westbund Central

The company now focuses on developing ultra-premium commercial properties in Asia.

Amazon invests $2b in Singapore to boost services in 2023

This funded improvements in infrastructures and additional jobs.

Interra Resources gets 12-month extension for SGX watchlist exit

This allows the company to meet the required daily market capitalisation of at least $40m on average.

SBS Transit and French operator RATP Dev to operate Jurong Region Line

The passenger service is scheduled to open in three stages, starting in 2027.

Hong Lai Huat, The Assembly Place to develop projects in Cambodia

The parties aim to formalise several initiatives within the next 60 days.

ASL Marine applies to exit SGX-ST watchlist

The group has until 4 December 2024 to meet SGX’s requirements.

Marco Polo Marine’s net profit slips by 7.4% YoY in 2024

The company attributed this to a 2.8% YoY decline in revenue.