News

HRnetGroup reports 5.9% earnings dip

HRnetGroup reports 5.9% earnings dip

Revenue for FY2023 experienced a 5.4% year-on-year decline.

Venture Corporation revenue drops 21.7% in FY23 

The group registered a net profit of $270m.

Aztech Global net profits surges 48% 2023

However, the group expects a challenging year ahead.

SGX RegCo proposes rule changes to streamline company restructuring

It suggested eliminating shareholder votes on major disposals during liquidation.

MPA shortlists 11 design proposals for Singapore’s electric harbour craft 

It received 55 proposals from 32 international and local companies and consortia.

Industrial rents to grow 0%-3% in 2024: report

Savills cited three factors contributing to the projection.

Net property income of IREIT Global rises 2.3% YoY to €49.9m in FY23

Despite the increase in NPI, the REIT declared a lower distribution per unit.

Andrew MacDonald steps up as Resorts World Sentosa director

He currently serves as the chief casino officer of the integrated resort.

Genting Singapore’s net profit soars 80% YoY to $611.6m in FY23

With the increase, the company declared an 80% YoY higher earnings per share.

Grab bounces back with US$11m profit in 4Q23

In 3Q23, the company recorded a loss of US$391m ($524.8m).

Green building adoption in Singapore nears 80%

In APAC, SG stands as the 7th top market for green building adoption.

Daily Markets Briefing: STI up 0.05%; Top stock is UOB

UOB is the top stock despite a 2.531% decrease.

Budget 2024 propels Singapore's investment-focused growth

Budget 2024 saw an “investment tilt” towards promoting green, human, and infrastructure investments.

SIAEC, Thales partner to explore business opportunities in Asia-Pacific

The companies will look into collaborating in areas such as component maintenance, repair, and overhaul.

Tech jobs no longer lead Best Jobs list in Singapore

The rankings consider salary, employer demand, and consistent growth in job postings.

Aerodyne Group, DroneDash Technologies partner for cross-border drone delivery

Initial focus will be on delivery routes to Johor Bahru and Iskandar Malaysia.