News

What Budget 2025 should focus on

Experts cited three main sectors that this year’s fiscal plan should fuel.

Singapore Paincare Holdings earnings slump 53.3% in H1 2025

The decline was due to losses from divestments and a joint venture.

Tiong Woon’s net profit climbs 12% YoY in H1 2025

The group’s revenue also increased by 5% to $78.8m.

SingPost appoints former SGX and SIA Engineering executives as IDs

This is part of the company's ongoing board renewal process

Fu Yu Corporation warns of net loss for FY2024

The group expects a total loss of $3.5m.

Paragon REIT taps PrimePartners as adviser in privatisation bid

The IFA would advise the independent directors of the REIT’s manager.

Centurion expects substantial profit increase for FY 2024

It is mainly due to the net fair value gain on the group’s investment properties.

UOI proposes $8.9m final and special dividends for FY2024

If approved, the dividends will be paid on 16 May.

ISOTeam BuildTech, H2U to develop AI-enabled materials sourcing

The partnership runs for 12 months, renewing annually unless terminated by either party.

Singapore NODX down 2.1% in January 2025

This was driven by a fall in non-electronics.

Keppel DC REIT divests interest in German data centre

The transaction is based on an all-cash offer of $70.6m (EUR50m).

Nearly half of professionals expect 2.5-5% pay raise in 2025

 30% of employees who received salary increases attributed the change to individual performance rather than promotions.

Steady growth seen in 2025 driven by manufacturing

RHB has kept its GDP growth forecast at 3.0%, whilst UOB expects growth to come in slightly lower at 2.5%.