News

OCBC's bid for Great Eastern Life to boost sector valuations

OCBC has been a shareholder in Great Eastern Life since 1958.

Warehouse occupancy and rents to fall amid increased supply

In 1Q24, rents rose 2.0% QoQ, whilst occupancy fell to 91.1%.

Cordlife cancels $8.2m private placement

The Ministry of Health also wrote to the company regarding its local directors. 

UMS Holdings' Q1 profit plummets 44% YoY due to semiconductor sales slump

The company remains positive as the semiconductor sales decline has moderated.

Marco Polo Marine's adjusted net profit jumps 30% YoY in H1 2024

Its revenue grew 10%, thanks to its ship chartering operations.

Straits at Joo Chiat sells 20% of units over weekend launch

It is expected to be completed by November 2027.

MTQ’s net profit up by 148% YoY to $9.4m in FY24

The group’s earnings were boosted by a gain from property sale.

Genting Singapore’s net profit surges 92% YoY in Q1

The company attributed the growth to the CNY holiday and the relaxation of visa regulations between China and Singapore.

MOH imposes stricter compliance on medical certificate issuance

The move came following feedback on excessive issuance over teleconsultations.

ST Eng’g revenue up 18% to S$2.7b in Q1

It has an order book of S$27.7b as of 31 March 2024.

SGX welcomes ETF tracking APAC financial institutions

It has S$47m in assets under management at launch.

Cat owners in HDB flats must microchip and license pets

Licensing will be free during the two-year transition period.

Singapore a top choice for retirees’ global travel

It’s the only country in the region included in the ranking.

HDB launches new Resale Flat Listing service

The service notifies sellers if their listing exceeds nearby prices by 10%+.