News
UOB strengthened deposit franchise, saw more bad loans in Q2
Its NPL formation was elevated in Q2, according to UOB Kay Hian.
Rex International records 13,710 barrels of oil per day in July 2025
This was yielded from operations in Norway, Oman, and Germany.
MoneyMax records profit growth of 76.4% YoY in H1 2025
Its revenue also jumped by 31.2% YoY.
SBS Transit net profit down 7.7% in H1
The group’s revenue also fell 4.5% to $745.9m
CapitaLand Ascendas REIT completes acquisition of 9 Tai Seng Drive
$275.5m used from private placement.
ABC Impact marks entry in PH health sector with AC Health deal
The investment will give the impact investor a minority stake in the Manila-based firm.
ST Engineering and SF Airlines launch airframe MRO facility in China
The facility is located at the Ezhou Huahu International Airport.
SGX securities turnover up 27% in July
SDAV also rose 27% YoY to $1.47b.
Singapore NODX up 7.1% in Q2
Full-year 2025 NODX forecast maintained at 1% to 3%.
Retail workers’ wages to rise under new Progressive Wage Model
Entry-level retail workers to earn at least $2,305 from September.
Singtel appoints Dinesh Khanna as non-executive director
He is Temasek International’s joint head of portfolio development.
Singapore Airlines cuts bond conversion price with final dividend adjustment
The adjusted price took effect on 12 August.
CCCS sanctions immigration consultancy firms over misleading tactics
The case centres on three firms Paul, VED, and SAVA Immigrations.
FLCT prices $100m notes due 2034
Proceeds will be used to fund acquisitions, among others.
Mooreast records net profit of $3.5m in H1 2025, reversing $1.3m net loss a year ago
Its H1 2025 revenue also grew by 84% YoY to $25.2m.
VICOM logs 10.2% increase in H1 net profit
Thanks to the increase in OBU installation activities, amongst others.
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