News
SG and PH boost weekly codeshare services to 150
SG and PH boost weekly codeshare services to 150
Currently, the countries have 35 weekly codeshare services.
Deloitte Singapore raises entry-level auditor salaries
First-year hires under the firm’s career programme can earn $4,500 monthly
Keong Hong Holdings losses widen to $9.5m in 1H24
Besides wider losses, the company reported a 40.9% YoY revenue drop.
KPMG to invest $100m in talent initiatives and tech advancements
Of the total investment, $30m will go to salary adjustments.
Jumbo Group net profit up 11.9% YoY to $8.89m in 1H24
Its Singapore operations helped boost profit for the period.
Porsche Experience Centre coming to Singapore in 2027
The Singapore centre will be the 11th worldwide.
GuocoLand unit sells stake in Eco World International for $61m
The subsidiary held a 27% stake in Eco World International.
SIA Engineering's net profit soars 30.7% YoY to $97.1m in FY23/24
Increased demand for MRO propelled the increase.
Mapletree Logistics Trust divests Tuas property for $10.5m
It sold the 25-year-old property above valuation.
Keppel unit divests shares in Dyna-Mac for $100m
The subsidiary had 23.91% shares in Dyna-Mac.
Frasers Property profits plunge 74.6% YoY in 1H24
The company attributed its lower profit to UK impairments.
Italian insurance-financial firm opens office in Singapore
The lion city is Italy's largest export goods destination in the region.
Softer demand to slow rental and price growth for factories
In 1Q24, rental indices saw single-digit increases.
Daily Markets Briefing: STI down 0.61%; Top stock is Hongkong Land USD
Hongkong Land USD is the top stock with a 2.45% increase.
FLCT debt management, expansion to stay prudent in next 2 years: S&P
Credit rating upgrade unlikely in the next 12 to 24 months.
Strata office sales up 11% in Q1 as Singapore attracts wealthy
Higher interest rates kept prices in check.
Tan Tock Seng Hospital introduces flexible working shifts for nurses
The initiative allows nurses to have a mix of routine and flexible shifts.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape