News
Digital Core REIT DPU dips 2.7% in FY 2024
Digital Core REIT DPU dips 2.7% in FY 2024
The group owns 10 facilities as of 31 December 2024.
SGTech calls for workforce upskilling, SME tech support in Budget 2025
These recommendations will sustain Singapore’s edge in the tech sector.
Cordlife CEO Yiu Pang Fai resigns
A search for a replacement is now being conducted.
Singapore SMEs lose $800m annually in interest from idle cash: survey
Nearly half of SMEs prioritise guaranteed returns (48%) and liquidity (45%), but traditional banking solutions fail to meet both needs.
QBE underwrites CyberFender for Singapore SMBs protection
It protects against security breaches, interruptions, and cyber extortion.
NSL recovers loss with $21.3m net profit for FY 2024
Revenue for the year went up 2%.
Shophouse sales fall nearly 39% in 2024, lowest since 1998: Huttons
The shophouse market only recorded 84 caveated transactions, below the average of 200 transactions from 1995 to 2023.
Half of Singapore workers doubt leaders’ AI implementation skills: survey
Just 47% think their bosses will prioritise employee well-being over profits when making AI-related decisions
Almost 40% of S’pore investment professionals expect private capital market to improve
Meanwhile, 10% expect the market to worsen.
Daily Markets Briefing: STI up 0.24%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 6.48% increase.
Hotel directors say takeover bid ‘too low and inadequate’
The offer price is $2.25 per share.
Wing Tai Holdings 50% profit drop in H1 2025
Earnings per share also dropped from $2.24 to $1.32.
SG firm partners with Congo to close gap in digital ID system
The initiative aims to design a secure national solution adapted to the Congo market.
New Bridge Road commercial site up for sale at $80m
The sale will be via an Expression of Interest.
Spindex sees 6.5% rise in net profit to $6.8m in H1 FY2025
Gross profit increased by 8.9% to $18.8m.
Zhongxin Fruit and Juice records $4m net profit in HY2025
However, the gross profit margin decreased to 16.3% from 18.4%.
STI rises 23.2% in 10 months, surpassing 17-year high
STI recorded a net institutional inflow of $489m.
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Commentary
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