News
SingLand’s net profit sinks 38% in H1 2024
The decline was due to a significant drop in fair value gain on subsidiaries’ investment properties.
ST Telemedia GDC replaces conventional diesel with vegetable oil to power data centres
50,000 litres were initially deployed.
PM Wong’s National Day pledge says gov’t will “redouble efforts” to stabilise cost of living
The government will combat inflation through support measures such as CDC vouchers and cash payouts.
New private residential launches fall to lowest level since Q4 2022
In Q2 2024, launches contracted by 73.3% YoY
Why value-added initiatives from brands matter in Singapore
Many Singaporeans seek brand help amid anxiety about their future.
Daily Markets Briefing: STI up 0.5%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 4.20% increase.
Employee burn out levels show 'minimal' improvement, finances key stressor
Gen Z is more burnt out than millennials.
EC World REIT NPU down 7.1% in Q2
Net property income for the period was $23.8m.
Sasseur REIT income and DPU fall amidst rental income dip
DPU for the period dipped 5.1% YoY.
Cohen & Steers boosts stake in Digital Core REIT
It acquired 3.6 million shares.
Frasers Property's unrecognised revenue reaches $1.9b for 9M 2024
Its 9M unrecognised revenue is already close to FY2023 levels.
SGX sees 4.7% net profit growth with strong equity activity
Net profit for the period was $597.9m.
SGX derivatives volume jumps 15% YoY to 23.5 million in July
It also hits an all-time high in futures volume.
Singtel launches Southeast Asia's first quantum-safe network
Singtel offers enterprises a program to trial the technology before adoption.
Singapore greenlights law to facilitate surplus food donation to reduce waste
Donors will be protected by the law, given they comply with safety and hygiene rules.
OKP Holdings' net profit drop 66.1% to $12.1m in H1.
Thanks to ongoing and newly-awarded projects.
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Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning