News

Singtel posts $3.4b net profit in H1

Singtel posts $3.4b net profit in H1

It was mainly driven by Airtel sale and Intouch–Gulf merger.

SERT boosts profit outlook with $106m Slovakia divestment

The divestment forms part of SERT's $604m capital recycling programme.

Tourism growth lifts Singapore retail rents in Q3

17 to 18.5 million international visitor arrivals are projected for the full-year 2025.

HDB posts $6.3b deficit in FY 2024 with $5.5b from housing

Despite the elevated expenditure, HDB said public housing remained affordable.

Daily Markets Briefing: STI up 1.2%; Top stock is Genting Singapore

Genting Singapore is the top stock with a 3.90% increase.

SG’s digital economy to reach $37.7b in 2025

The transport & Food sector is expected to grow 12% YoY to $7.8b.

Singapore medical inflation to hit 16.9% in 2026

Key drivers of rising healthcare costs in Singapore include an ageing population and a higher incidence.

Office markets in Singapore stable in Q3: Realion Research

Leasing activity during the period was predominantly driven by renewal contracts.

CSE Global proposes issuance of 62.97 million new warrants

Each warrant goes for an exercise price of $0.7671 per share.

Vicom LTD’s profit after tax up 44% to $10.5m in Q3

In the first nine months, the vehicle inspection service’s PATMI stood at $4.5m. 

Sanli Engineering awarded $205m project for Changi NEWater factory

The group's order book now reached a record $838.7m.  

CIMB, Frasers Property to offer SG’s first ‘pay-as-you-earn’ loan

Benefits include first-year savings of up to $7,360 and annual savings of up to $6,360.

CSE Global new orders down 21.7% YoY in Q3

The automation segment saw the sharpest decline, falling 52.1% to $22.9m.

CDL H-REIT issues $150m subordinated perpetual securities

It will fund repayment of existing borrowings.

Grab launches lane-level GPS pilot on mobile phones

It aims to address GPS accuracy degrading above 20 metres in dense urban areas.

Warehouse demand offsets factory slowdown in Q3

Stable supply, firm take-up sustain rental levels

Oiltek’s Q3 net profit rises 6.2% YoY on margin gains

Improved margins lift quarterly income despite segment challenges.