News
Singapore tops global governance index again, extends four-year streak
Singapore tops global governance index again, extends four-year streak
It ranked first in five pillars, with gains in institutions and fiscal strength.
Food Empire Q1 revenue jumps 16.9% to $203.3m on broad-based growth
Russia and Central Asia drove gains as group stays net cash and expands capacity.
Freehold Kitchener Road shophouses hit market for $28m
It occupies a combined freehold land plot of about 2,713 square feet.
More than six in 10 firms track AI Identities; governance gaps remain
A survey found inconsistent controls as AI agents enter enterprise identity systems.
Geo Energy’s net profit falls to $5.47m on lower sales
The company declared an interim dividend of $0.10 per share for the period.
ESR proposes “career bridges” and early support for retrenched workers
Plan outlines faster assistance and structured pathways for disrupted workers.
Retail occupancy steady in Q1 despite high-profile store closures
Visitor inflows climbed whilst leasing demand absorbed retail exits across island malls.
Singapore manufacturing expands as electronics lift March PMI to 50.5
Electronics PMI hit 51.4 sustaining factory momentum.
SingPost FY25/26 net profit plunges 75% to $60.9m on volume decline
Revenue dropped 23.1% to $376.1m as international volumes and mail declined.
Centurion Q1 revenue jumps 30% to $89.4m on occupancy gains and new beds
Growth was led by Singapore and Australia.
Central region office rents ease 0.2% as tenants flock to premium spaces
Premium towers stayed full whilst Central rents fell slightly.
AEM Q1 profit surges fourfold to $14.3m on strong demand
Revenue climbed 35.8% with stronger test solutions contribution and margin expansion.
Keppel Infra Trust sees 17.3% drop in Q1 income, underlying earnings jump
Excluding divestment gains, distributable income rose 18.2%YoY to $53.7m.
URA awards Holland Plain site to Sim Lian for $454m
The site has an area of 15,716.9 sq m.
NTT DC REIT beats IPO forecast with $0.0708 DPU
Its maiden distribution was 2.6% above forecast, supported by higher revenue and lower finance costs.
Kimly’s net profit rises 10.6% to $16.4m in H1 FY2026
Revenue inched up on stronger contributions from its outlet management and investment divisions.
Daily Markets Briefing: STI up 1.17%; Top stock is Wilmar International
Seatrium Limited is the top stock with a 5.38% increase.
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Commentary
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