News

Hotel Properties posts $11.4m half-year profit

Revenue for the period rose 9% to $378.4m.

Ho Bee Land posts $49.8m net profit in H1

Revenue for the period fell 23% to $177.7m.

Wee Hur Holdings posts $38.7m profit in H1

The decline was mainly due to the Fund I disposal.

Singapore, Brunei establish reciprocal cross-border collateral arrangement

This will allow them to accept a wider range of collateral in their facilities.

Nam Cheong sees profit decline by 87% YoY in H1 2025

Revenue also went down by 11% YoY in the same period.

UOL to acquire Varley Park property in UK for $75.6m (£43.5m)

This marks the group’s entry into the student housing market.

Singapore property market steady in Q2 with cautious outlook

Realion forecasts that full-year investment sales could still reach between $20b and $25b.

Chinese travellers in Singapore spend big on quality products: report

Nearly half of these consumers spend more than US$7,000 annually on premium products.

CBRE slashes Singapore 2025 growth outlook to 2.2%

CBRE noted that Singapore remains one of the tightest office markets in the region.

Singapore home prices rise 4.7% in Q1

Prices increased by 3.8%, placing Singapore 27th out of 55 global markets tracked in the report.

Singapore small business owners lead world in milestone joy

But nearly one in five small business owners in Singapore (18%) say they don’t celebrate business wins at all.

UOI to boost tech investment by nearly 50% from 2023 levels

It said it plans to expand in Singapore and key ASEAN markets.

Daily Markets Briefing: STI down 0.38%; Top stock is JMH USD

Jardine Matheson Holdings Limited is the top stock with a 1.99% increase.