News
Yeo Hiap Seng H1 net profit down 3%
Yeo Hiap Seng H1 net profit down 3%
The decline was due to currency volatility, freight disruptions, and lower product sales.
MAS confirms no competitive concerns with Allianz deal
Income's market share in life and general insurance is less than 10%.
Nearly half of Singapore retailers struggle with brand awareness
Ad and email fatigue emerged as the primary obstacle.
Geo Energy signs USD150m contract for integrated infrastructure development
The project will bring the company’s road haulage capacity to 40-50 million tonnes per year.
Expert cuts shophouse sales forecast to $700m-$800m for 2024
The previous projection was $1.1b-$1.2b.
Daily Markets Briefing: STI down 1.09%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 1.74% increase.
Citi Singapore nets ex-DBS COO as new CEO
She is also the new wealth head for the South Asia cluster.
Retail sales dip 3.7% YoY in June amidst slow tourism recovery
Major events and cash handouts may boost retail sales.
Paragon REIT revenue soars 30% in H1 2024
Revenue for the period was $147.4m.
AsiaPhos anticipates rebound in Q2 2024
The company reported a net loss of $0.38m in H1 2023.
Singapore's industrial property market could stand to benefit amidst global volatility
The JTC All Industrial rental index saw its 15th consecutive quarter of growth.
Strata industrial sales recover in Q2 2024
Thanks to the 513 transactions in the second quarter.
Mobile fintech penetration at 45%: study
It is expected to reach 48% by the end of 2030.
Legal sector leads with 24% hiring boost YoY
This is amidst the overall market adjustment.
Greenwood Ave freehold restaurant for sale at $15.5m
The property is approved for restaurant use and is fully-leased.
Million-dollar flat transactions hit all-time high again
HDB resale transactions posted the highest volume since June 2010
UOB prices $860m unsecured notes due 2028
The issue date of the notes is on 8 August 2024.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape