News
Singapore introduces energy transition bill
Singapore introduces energy transition bill
It proposes amendments to the Energy Market Authority of Singapore Act (EMA Act), Electricity Act, and Gas Act.
7 Singapore firms earn spots on Forbes Asia’s 2024 Best Under A Billion list
SGX, Aztech Global, and Delfi were amongst those that made the list.
Singapore ranks 2nd most popular destination for Chinese business travel
Business travel spending in the city-state is also anticipated to increase by more than 75%.
VICOM reports flat growth amidst intense competition in non-vehicle testing business
The company’s net profit attributable to shareholders increased by 1.3%.
Hock Lian Seng’s earnings soar 128.8% in H1 2024
Gross profit surged 213.9% to $21.3m.
Private residential leasing volume up 3.1% YoY in Q2
The non-landed property segment saw a 1.9% quarterly increase.
Fu Yu reverses losses with $72k net profit in H1 2024
Revenue grew 78% to $126.7m.
DBS names Tan Su Shan as deputy CEO; will succeed Piyush Gupta in 2025
An internal evaluation by DBS found Tan the strongest of all candidates for CEO.
BRC Asia revenue contracts 17% YoY in Q3 2024
Their profit after tax stood at $34.1m.
Singapore leads Asia Pacific with a 10.8% YoY rise in logistics rents
Knight Frank attributed the growth to the nation's strong manufacturing.
Daily Markets Briefing: STI up 1.6%; Top stock is Sembcorp Ind
Sembcorp Ind is the top stock with a 6.29% increase.
EY collaborates with Microsoft to invest in AI adoption
This could improve efficiency by up to 50%.
Singapore ranks 7th globally as best 'workcation' city
It is also the leading 'workcation' city amongst its Asian neighbours.
Wing Tai Holdings warns of net loss in FY24
The group assured that its financial position is healthy.
DBS’ net profit up 9% to S$5.76b in H1; Q2 dividend is 54 cents
Net profit rose 4% in Q2 as loans and deposits grew.
NeraTel's net profit is $1.4m in H1
It secured orders across three business sectors.
Venture Corporation revenue up 7.6% to $717.5m in H1 2024
A dividend payment of $0.50 has been declared.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape