News

Sabana REIT postpones May 24 EGM

The REIT postponed the EGM due to a High Court hearing on the Abeyance Application.

SP group to invest $76m in 90MW aquavoltaic farm in Qingdao

The farm can generate 162 million kilowatt-hours of green electricity annually.

DFI Retail forecasts US$180m-US$220m FY24 profit

The company maintained its forecast despite strong 1Q24 growth.

Hongkong Land projects significantly lower 1Q24 earnings on weaker China market

The company's attributable interest in contracted sales declined 36% to US$262m in 1Q24.

XSQUARE Technologies raises $10.5m in Series A funding round

The funding will be used to boost regional growth and product development.

SingPost and Kazakhstan's QazPost team up to advance eCommerce and logistics

The partners will exchange knowledge, conduct training, and explore future collaborations.

SMU and VIETSTAR to boost energy industry execs sustainability capabilities

Participants will gain knowledge from three countries that led the green energy transition.

Inflation stable as lower housing costs offset transport rise

Headline and core inflation came in at 2.7% and 3.1% YoY, respectively.

SIT launches conservatory for mangrove preservation

The facility will be completed in December 2025.

Food Empire to build $40.56m coffee-mix plant in Kazakhstan's Khorgos SEZ

The company expects to complete the facility by the end of 2025.

CCCS uncovers bid-rigging scheme by Tarkus and Flex Connect

The bid-rigging affected tenders worth $150,000 to $7.7m.

Chemicals cluster forecasts brighter business prospects

A net weighted balance of 2% of firms projects improved business conditions in 2Q-3Q.

Daily Markets Briefing: STI down 0.35%; Top stock is YZJ Shipbldg SGD

YZJ Shipbldg SGD is the top stock with a 5.71% increase.

UOB, RHB keeps growth forecast unchanged following 2.7% GDP expansion in Q1

UOB sees economy growing 2.9% this year, while RHB's estimates at 2.5%.