News
CPFIS funds record 9.69% average returns in Q2 2024
Investment-linked insurance policies (ILPs) recorded average returns of 9.68%.
Marco Polo Marine’s gross profit up 2.6% to $14.6m in Q3
This was despite a 4.6% decline in revenue.
Pasture Holdings’ earnings rebound in FY 2024
The company has rebounded from a net loss of US$1.3m to a net profit of US$0.6m.
Keppel Pacific Oak US REIT taps Lawrence David Sperling as new chairman of the audit and risk committee
He will start his role on 23 August.
BRC Asia, LTC extends deadline of Angkasa ordinary shares acquisition
The new deadline is on 30 August.
Bukit Panjang's diverse housing options fit various buyer profiles: report
Private non-landed homes in Bukit Panjang range from $710,000 to $3.6m.
AIA’s net profit surges 47.2% YoY in H1 2024
EPS stood at $0.30.
Economic optimism stronger among affluent Singaporeans
Seven in 10 of the affluent segment is more optimistic about local economic growth.
Daily Markets Briefing: STI up 0.22%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 4.86% increase.
Australia greenlights US$13.5b project to ship solar energy to Singapore
The solar energy will be transported via a 4,300km subsea cable.
IES and IHRP launch upskilling initiatives for technologists, HR professionals
The initiatives include workplace learning and chartership certification.
Tampines Street 95 EC site likely to attract bids up to $760M: analysts
Experts expect 4 to 8 bids.
Staff shortages and financial woes challenge Singapore's healthcare quality
Six in 10 healthcare leaders reported delays in patient care due to staffing issues.
United Food Holdings faces delisting by SGX, exit offer to follow
The company has been on the Watch-list since 2019.
Food Empire secures US$40m investment from Ikhlas Capital
In exchange, Food Empire will issue 5-year redeemable exchangeable notes.
ESR Group plunges into US$57.9m loss in H1
The group attributed the loss to non-cash adjustments.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape