News
Singapore’s $5b Future Energy Fund boost signals green energy focus
Singapore’s $5b Future Energy Fund boost signals green energy focus
The move is expected to channel more funds to critical infrastructure.
Soon Lian to post net profit after 2023 loss
The company linked this to strong demand for precision engineering segment products.
Sri Trang Agro-Industry posts $66.56m net profit in FY24
It was driven by strong demand and higher selling prices.
Enabler Bidco to acquire Econ Healthcare for $0.33 per share
The offer is 20% above the last traded price on 14 January.
Heeton Holdings expects improved profit after 2023 loss
The company mainly attributes this to better business performance.
NoonTalk Media inks $900,000 service provision contract
The group expects the transaction to positively impact the company’s earnings per share.
Parkson Retail’s net profit falls 4.3% in FY2024
The company’s revenue also decreased YoY by 3.1% to $214.8m.
UOB net profit rises 6% to $6b in FY24
It will return $3b to shareholders over the next three years.
Singtel’s net profit dips 2% in 9M 2024
The company attributes this to a lower exceptional gain of $680m.
Cordlife expects 2024 net loss due to suspension of SG operations
The suspension was pursuant to the Ministry of Health's notices.
EBANX secures MPI license approval in principle
This approval enables EBANX to offer a comprehensive range of payment services in Singapore.
Standard Chartered named banking partner for StraitsX stablecoins
The partnership aims to enhance the reserve management of StraitsX’s stablecoins.
Freehold land in District 15 up for sale at $38m via tender
The vacant plot spans approximately 3,300.7 sq m (35,528 sq ft) and is zoned for "3-storey mixed landed housing."
NODX growth seen steady in 2025 despite slow January start
In January 2025, NODX fell by 2.1% YoY.
Why a third of Singaporean SMEs don’t use cyber insurance
Amongst those without coverage, half considered purchasing a policy.
Retail vacancy rate falls to 10-year low with strong demand in 2024
Demand may rise with tourist arrivals in 2025 but could be offset by outbound travel.
Daily Markets Briefing: STI up 0.49%; Top stock is ST Engineering
ST Engineering is the top stock with a 2.20% increase.
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