News

Gallant Venture records a $16m net loss in H2 FY23

The loss came despite the 4% increase in revenue.

Profit of Tiger Balm maker Haw Par soars 46% YoY to $216.6m in FY23

With higher profit, the company declared a higher basic earnings per share of $0.978.

OUE Healthcare posts 77% YoY higher profit tax of $57.5m in FY23

The company also recorded a 33% YoY higher revenue for the period.

S-REITs post negative returns in January

Total returns of S-REITs were at -4.6%.

Daily Markets Briefing: STI down 0.54%; Top stock is DBS

DBS is the top stock despite a 0.975% decline.

Winners of Singapore budget 2024: banks, tech, renewables

Players in consumer staples and manufacturing cheer as well.  

Proposed changes to cybersecurity law may improve oversight, scope: expert

Digitisation and reliance on outsourced computing vendors are among factors influencing the changes.

SG, Malaysia ink MOU to combat telco scams

The collaboration will facilitate mutual exchange of knowledge through training programmes.

Manufacturing output grows 1.1% YoY in January 2024

The transport engineering sector recorded the highest output growth of 43.5% YoY.

Buyer hesitancy drag condo resale volumes down 

In January, resale volume slipped 0.6% MoM. 

DBS, Sheng Siong to build sustainable business ecosystem with 1,000 SMEs

DBS will offer upskilling courses and sustainable financing solutions.

Singapore Fintech Association launches ‘Project Tapir’ with Malaysian VCs

The partnership aims to foster cross-border collaboration between Singapore fintechs and Malaysia.

Serene Centre sold for $105m

The property is a four-storey freehold commercial/residential development.