News

Singapore's life insurance workforce shrinks by 2.3% in 2024

Higher demand was noted in integrated shield plans and riders coverage.

Daiwa House Industry’s 2024 net profit rises 9.5%

Net profit for the period reached $2.08m (¥237b).

Over 4 in 5 businesses seek government support

The majority of those in the health sector have applied or are interested.

Civmec net profit down almost 17% YoY in H1 2025

Administrative expenses increased by 18.3% during the period.

ThaiBev posts 2.4% YoY revenue rise in Q1 2025

Revenue for the period reached $3.68m.

PC Partner projects significant profit growth in 2024

This is due to the strong demand for the new series of video graphics cards.

Singapore weighs tax incentives to boost equities market

Further measures are expected in the second half of the year.

Kingsmen Creatives, Black Spade to develop APAC attractions

The developments will initially focus on Macau, the Philippines, Vietnam, and Thailand.

Singapore economy up 4.4% in 2024

It was driven by the wholesale trade and finance & insurance sectors.

Singapore NODX up 2% in 2024

Non-electronic exports fell.

FSL Trust Management to sell product tanker

It will be sold to an unaffiliated third party who lodged a 10% deposit in escrow.

GuocoLand unit bags River Valley Green land at bid price $627.8m

It will be developed as a high-end waterfront development.

MRT Corp, Sunway to build $787m Bukit Chagar mixed-use hub

Construction is scheduled to begin in March 2025.

Singapore launches M&OE plan to lead Asia-Pacific offshore renewables

Objective includes contributing to 50GW of offshore renewable energy projects globally.

Daily Markets Briefing: STI up 0.21%; Top stock is Seatrium Limited

Seatrium Limited is the top stock with a 10.87% increase.

OSIM boosts business transparency following CCCS flags

OSIM was flagged for lack of product disclosure and misleading product information and prices.