News
OUE REIT executes first interest rate swap with carbon credits
OUE REIT executes first interest rate swap with carbon credits
The REIT will use the carbon credits received to offset residual emissions.
Construction works for CR14 Turf City station to commence in 3Q24
The project was awarded to a joint venture corporation.
White flats might see reduced resale interest, expert warns
The government will introduce the white flats in its October BTO.
ARA H-Trust sells managers to tycoon Gordon Tang
Tang's children also acquired 19.0% of the trust's stapled securities.
Ground floor F&B space at The 101 Development up for sale
It has a guide price of $7.62m.
Ley Choon's net profit up 18.1% YoY in FY24 to $10.9m
The company attributed its profit rise to increased road and cable projects.
Yangzijiang Shipbuilding hits record US$16.8b in orders year-to-date
The year-to-date order book exceeds the US$14.5b total from the end of 2023.
Lorraine Shiow takes helm as CEO of IOI Properties Singapore
She will focus on accelerating the company's growth.
Raffles Family Office taps Kendrick Lee as new Singapore CEO
He is also the co-founder of the family office.
Business receipts of service industries up 10.5% YoY in 1Q24
Recreation & Personal Services had the highest growth in revenue amongst industries.
Zurich Insurance Singapore apoints new claims chief
Graves has been with Zurich for eight years.
Boustead Singapore’s net profit soars 64% in 2H24
The increase was due to significant revenue contributions from three of its divisions.
All SQ321 crew members return to Singapore
Meanwhile, 52 passengers were still left in Bangkok.
iWOW Technology profit falls 22% YoY in FY2024
However, the revenue for the period surged by 81.5%.
S’pore completes first simultaneous methanol bunkering and cargo ops
MFM system and digital bunkering were also tested.
Seatrium achieves $25.8b net order book in 1Q24
The quarter's order book comprises 31 projects with deliveries set until 2030.
Singapore inks carbon credit transfer deal with Ghana
The collaboration will enhance both countries' climate goals and funding for mitigation efforts.
Commentary
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform