News
Construction activity in Singapore hits low in Q2
Construction activity in Singapore hits low in Q2
There were fewer private residential and non-residential workloads.
Seatrium returns to profitability with $36m gain in H1 2024
H1 2024 is the company's first profitable period since its formation in 2023.
Singlife's GROW platform expands with low-fee JPMorgan fund
The share class is designed to help CPF members meet long-term retirement goals.
Hotel Properties opens first Four Seasons hotel in Japan
This is the group’s first hospitality asset in Japan.
Record total income lifts OCBC’s net profit to S$3.93b in H1
Interim dividend for the period is 44 cents, an increase of 4 cents.
Landed home price growth slows to 1.9% in Q2 2024
For the year, prices will not see more than 6% gains.
Daily Markets Briefing: STI down 0.91%; Top stock is Seatrium Ltd
Frasers L&C Tr is the top stock with a 3.03% increase.
MAS increases gold reserves by 4 tonnes in Q2
It was the sole central bank to register a gold reserve increase in the quarter.
ICA begins token-less clearance at Changi, to complete the rollout by September
The agency also expanded its QR code clearance to motorcyclists.
Singapore, US ink nuclear cooperation agreement
They have been collaborating on nuclear issues over the past decade.
Aoxin Q & M anticipates rebound in H1 2024
The company reported a net loss of $210m in H1 2023.
SAM Holdings warns of a profit slump in FY24
Thanks to a slower-than-expected expansion in business operations.
New private home launches sink to 20-year low in H1
There were only 1,939 units launched– the lowest since 2004.
EDB, IETA launch platform giving access to quality carbon credits
This is a by-invitation alliance linking companies to carbon credits suppliers.
Singapore and Guangdong to boost bilateral trade with new projects
The two economies signed 20 projects in sustainability, health, and agritech.
IndoAgri's H1 net profit up 500% to $51.7m
The increase was due to higher gross profit, foreign exchange gain, and gain from changes in fair value of biological assets.
UOB’s net profit stable at S$2.91b in H1; interim dividend is 88 cents
Income growth and lower allowances were offset by one-off integration costs.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape