News

95% of employers say no to four-day work week

95% of employers say no to four-day work week

The top reason is that business operations do not permit a four-day workweek.

Falcon Energy Group to delist on 15 November

Deloitte & Touche LLP were appointed as liquidators.

SMI Vantage cancels expansion plans amidst delisting

The company has a net current liability of US$937k.

Olam Group receives non-binding offer from SALIC for Olam Agri stake

The company stressed that it is still discussing the potential sale.

Denso revenue down 1.1% in half year results as vehicle sales in Asia slows

The group is also impacted by the suspended operations of Japanese customers.

Office floor at Wisma Atria sells for $16.1m

The space is approved for medical use.

Hongkong Land targets $10b in asset recycling amidst strategic shift

This strategy could reduce the company’s earnings volatility over time.

COTD: Auction listings drop 25.2% QoQ in Q3

Mortgagee and owner sale listings were nearly equal.

Singapore blocks Income-Allianz deal due to social concerns

Government cites public interest and social mission concerns.

China Duty Free opens second boutique at Changi Aiport

This marks the second luxury store operated by CDFG. 

Yongmao Holdings expects low net profit for H1 2025

This is due to higher freight charges from higher rates. 

Tianjin Pharma posts 11 % net profit rise in Q3 2024

The group’s Chinese medicine segment primarily drove revenue, which contributed $807.8m.

First REIT's net property income drops 6.0% YoY in 9M 2024

The REIT attributed the decline to the yen and rupiah's depreciation against SGD.

SG Singles’ Day online sales surge by 159% in 2023

SEA’s transactions also skyrocketed by 140%. 

SG, WTO ink MoU to establish secondment programme for gov't officials

Each secondee will be accompanied by a national officer from a least-developed country.