News
NetLink NBN’s net profit drops 7.6% YoY in FY2025
NetLink NBN’s net profit drops 7.6% YoY in FY2025
The decline was partly offset by higher income tax credit.
Singtel unveils advanced 5G service
Existing 5G users have all been upgraded to Singtel 5G+ with 700Mhz.
LHN net profit up by 8.8% YoY in H1 2025
Revenue grew by 29.4% YoY to $70.6m
ISCA reshuffles council with new appointments, reappointments
It also plans to invest up to $7m in the SCAQ Programme and global expansion in 2025.
SG leads in Southeast Asia's private equity funding in Q1
Yinson Production Offshore Private Limited Energy had a $1.3b (US$1b) investment.
NODX expands 12.4% YoY in April
Both electronic and non-electronic NODX registered growth.
ShopBack debuts in the US, partners with over 2,000 merchants
Its US launch includes Amazon cashback, ShopBack Play, shipping rebates, quests, and auto-applied coupons.
Mirxes launches HK$1.08b Hong Kong IPO
The group is selling 46.62 million shares.
MAS proposes simplified IPO prospectus rules to ease listing process
It aims to provide more ways to reach investors.
Singapore Airlines passenger traffic up 4.8% in April
Passenger capacity also grew by 4%.
Singapore Airlines net profit up 3.9% YoY to $2.8b in FY2025
Revenue for the period also rose to $19.54b.
MTI sells three properties to Brookfield for $535.3m
Proceeds from the sale will first be used to repay debt.
Singapore businesses urged to act as inflation views split
44% expect inflation to rise, while another 44% expect it to fall.
Rently raises $3m to scale Asia presence
The funding round was led by impact investor Orange Bloom.
Singapore records $5.8b in real estate deals for Q1
Whilst this marks an 11.6% decline QoQ from $6.5b in Q4 2024, the figure represents a 38.4% YoY increase.
Office rents rise 0.3% as CBD demand holds firm
Office rents edged up 0.3% QoQ, ending two consecutive quarters of decline.
Warehouse rents edge up as industrial market steadies: report
Industrial property prices increased by 1.5% QoQ, supported by a 1.9% rise in multiple-user factory prices.
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