News
Union Steels’ net profit drops to $6m in H1 FY2025
Union Steels’ net profit drops to $6m in H1 FY2025
The group’s gross profit also declined by 3.7% to $15.8m.
Citi eyes 10% increase in social finance funding in Asia
Over $2b in social finance transactions were raised in Asia in 2024.
Thomson Medical Group incurs $12.6m net loss for H1 2025
Revenue amounted to $199.1m for the period.
Taka Jewellery’s profit grows 22% YoY in H1 2025
This was due to an increase in all the group’s business segments.
Singapore’s SMEs missing out on S$800m annually due to idle cash
Over 2 in 5 keep their cash idle in deposits and bank accounts.
iFAST Corp net profit soars 46.3% YoY in Q4 2024
For FY2024, net profit rose 135.7% YoY to $66.63m.
Noel Gifts Intl narrows loss in H1 2025
The company attributed its loss to a decrease in revenue.
Grand Banks Yachts net profit up by 9.2% to $7.6m H1 2025
The group proposed an interim dividend of $0.005 per ordinary share.
City fringe condo prices catch up to prime areas in Q4
This comes as home sales in city fringe areas surged despite records high prices.
Retail units in Peninsula Plaza on the market for $10.9m
It has a combined strata area of 1,119 square feet.
Businesses urge tech adoption, AI support in Budget 2025
Stakeholders emphasised the need to boost technology adoption, particularly for SMEs.
How did Singapore’s life insurers fare in 2024?
The industry's growth was influenced by higher demand for annual premium products.
DBS names new group COO, group audit head
Jimmy Ng, current group head of operations, will retire and become a senior advisor for AI.
Household employment income rose 1.4% in 2024
Median monthly household employment income went over $11k in 2024.
Singapore announces new AI safety initiatives
One of the initiatives is the Global AI Assurance Pilot.
SG, Arab region deepen civil aviation training ties
The MOU will introduce two key initiatives, offering scholarships and knowledge exchange.
Nanofilm Technologies buys two German firms for $4.3m
The acquisition aims to accelerate its business expansion in Europe.
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