News
AEM Holdings net profit drops to $2.3M in 1Q24
It fell by 85.0% YoY.
AEM Holdings saw its net profit drop by 85.0% YoY to $2.3m in 1Q24.
Seatrium and ABS ink 3-year deal to green maritime and offshore sectors
The agreement will focus on four key areas.
Robust demand and expansion boost Beam's 2023 revenue by 36%
The company eyes entering more markets this year.
Singaporeans opt for gifts and outings on Mother's Day
Four in 10 picked gift-giving as an ideal way to mark the special day.
Daily Markets Briefing: STI down 1.13%; Top stock is DBS
DBS is the top stock despite a 0.612% decrease.
Mirxes reports $95.4m net loss ahead of IPO
Costs of R&D and administrative activities widened last year’s losses.
IHH invests in Belun Technology for AI-powered sleep diagnostic technology
IHH will utilise Belun’s medical-grade device for sleep apnea detection.
Singapore urged to increase renewable grid interconnection investment
Doubling RE imports could help meet its emission targets.
Far East Orchard sells Rendezvous Hotel Perth Central for $16.5m
The expected gain from the disposal is $5.4m.
Over 6 million RDP brute force attacks recorded in 2023
Brute force attacks involve systematically guessing passwords until the correct one is found.
LIST: Most valuable Singaporean brands of 2024
The top company has a brand value of US$11b.
S’pore Polytechnic and Vopak collaborate to boost safe marine fuel handling
Students and faculty of the Singapore Maritime Academy will be part of the programme.
Daiwa House Logistics Trust NPI up 4.6% YoY in 1Q24
Its gross rental income also rose 1.9%.
New bill passed to strengthen SG's digital defenses
The bill mandates stricter reporting requirements for owners of CII, now including incidents within their supply chains.
Olam jacks up Namoi Cotton acquisition bid to $0.62 apiece
This applies whether or not at least 90% of Namoi will be obtained.
Singapore-ASEAN trade stands at $295.6b in 2023
The direct investment abroad from Singapore to ASEAN also reached $226.1b.
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