News
Tung Lok warns of net loss for FY2025 on weaker sales
Tung Lok warns of net loss for FY2025 on weaker sales
H2 profits were not sufficient to offset the losses recorded in H1.
Kingsmen Creatives invests $980,000 in Vietnam unit
It increased the charter capital of Kingsmen Vietnam to $2.35m.
Creative Technology appoints Freddy Sim as new CEO
He brings over 40 years of entrepreneurial experience to the role.
HPL ‘not aware’ of any undisclosed information behind share price movements
It confirms compliance with listing rules.
Jumbo Group unit, SJMF form JV to operate new SG restaurant
The partners will operate a Peking roast duck-themed restaurant in Singapore.
Singtel sells 1.2% stake in Bharti Airtel for $2b
The funds will support its 5G deployment.
Royal Group officially opens Raffles Sentosa Singapore
The resort features 62 villas.
Prime retail rents rise marginally in Q1 2025
Island-wide retail occupancy rate fell to 93.2%.
Daily Markets Briefing: STI up 0.15%; Top stock is CapLand Ascendas REIT
CapLand Ascendas REIT is the top stock with a 1.54% increase.
Singapore firms report $660,000 in losses from software issues: report
The data suggests that challenges around software reliability are having a measurable financial impact.
Singapore travel to Japan hits record high on strong SGD in 2024: Mastercard
Travellers from Singapore, India, and China are especially responsive to currency shifts, the report noted.
Core inflation in Singapore seen steady at 0.5% in April: analyst
UOB expects headline CPI to fall between 0.5% and 0.4% MoM.
Finance professionals eye entrepreneurship paths: report
The survey found that 37% of professionals have ambitions to be entrepreneurs.
Mandarin Oriental reports higher underlying profit in Q1
RevPAR also rose in all regions.
Gov’t to launch over 50,000 new flats by 2027
This will also include the opening of new residential areas across the island.
Residential property prices up 0.8% QoQ
Transaction volume drops 1.3% QoQ.
Japfa to be delisted by 10 June
Shareholders can expect to receive payment for the scheme consideration on 6 June.
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