News
DFI Retail forecasts US$180m-US$220m FY24 profit
DFI Retail forecasts US$180m-US$220m FY24 profit
The company maintained its forecast despite strong 1Q24 growth.
Hongkong Land projects significantly lower 1Q24 earnings on weaker China market
The company's attributable interest in contracted sales declined 36% to US$262m in 1Q24.
XSQUARE Technologies raises $10.5m in Series A funding round
The funding will be used to boost regional growth and product development.
SingPost and Kazakhstan's QazPost team up to advance eCommerce and logistics
The partners will exchange knowledge, conduct training, and explore future collaborations.
SMU and VIETSTAR to boost energy industry execs sustainability capabilities
Participants will gain knowledge from three countries that led the green energy transition.
Inflation stable as lower housing costs offset transport rise
Headline and core inflation came in at 2.7% and 3.1% YoY, respectively.
SIT launches conservatory for mangrove preservation
The facility will be completed in December 2025.
Food Empire to build $40.56m coffee-mix plant in Kazakhstan's Khorgos SEZ
The company expects to complete the facility by the end of 2025.
CCCS uncovers bid-rigging scheme by Tarkus and Flex Connect
The bid-rigging affected tenders worth $150,000 to $7.7m.
Chemicals cluster forecasts brighter business prospects
A net weighted balance of 2% of firms projects improved business conditions in 2Q-3Q.
Daily Markets Briefing: STI down 0.35%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 5.71% increase.
UOB, RHB keeps growth forecast unchanged following 2.7% GDP expansion in Q1
UOB sees economy growing 2.9% this year, while RHB's estimates at 2.5%.
Environmental concerns drive demand for top-tier logistics facility in Singapore
There is a push for a sustainable and efficient supply chain in Singapore's industrial real estate market.
Mondelēz unveils $5m regional snacks lab and innovation kitchen in Singapore
It will expand the capabilities of its Singapore Technical Centre.
Singtel unveils new growth plan
Under the plan, Singtel and Optus will streamline product offerings.
Johnson Controls and Ngee Ann Polytechnic launch built environment education initiative
NP will upskill 1,000 professionals through the initiative.
Singtel's 1Q24 net profit plunges to $795m amid $1.47b exceptional loss
Compared to 1Q23, net profit fell 64%.
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SG60: What the next 10 years have in store for Singapore’s investment landscape