News
OCBC net profit up 27% S$7.02b in FY2023; final dividend is 42 cents
OCBC net profit up 27% S$7.02b in FY2023; final dividend is 42 cents
Total dividend of 82 cents is 12% higher than the previous fiscal year.
Great Eastern's Q4 sales surge ‘read across’ to AIA, Prudential
Jefferies Equity Research said bancassurance played a significant role in driving this growth.
Daily Markets Briefing: STI down 0.51%; The top stock is UOB
UOB is the top stock with a 0.071% decline.
Property investment volume drops 30.6% YoY to $20.8b in 2023
GLS tenders accounted for 37.2% of total investment last year.
Hotel, suburban retail are the investment hotspots in real estate this year, says Colliers
Bright spots seen in the industrial market as well.
Tech, AI drive changes in search for talent in Singapore
By 2030, the skills needed for a job will change dramatically due to AI.
Thomson View Condominium up for collective sale
The reserve price for the asset is $918m.
Holland Drive GLS Plot likely to attract 2-5 bids: experts
Top bids could come between $846m to $1b.
Citi opens two new wealth centres in Singapore
One Holland Village and Parkway Parade have floor areas exceeding 3,000 sqft.
Singtel, Qualcomm inks MOU to advance 5G technology
Singtel will test and deploy Qualcomm’s new technologies.
SIIC Environment reports a 22.6% YoY decline in net profit attributable to shareholders
The company's earnings per share also declined by 22.6% YoY.
SG, Korea signs MRA on medicinal products regulation
The agreement will facilitate trade and access to medicinal products between both countries.
Over 240 SG traders to visit the ‘biggest ever’ Taipei Cycle
The 2024 edition is expected to exceed the 20,000 visitors and 4,200 international buyers recorded last year.
Bumitama Agri's net profit declines 13.3% YoY in FY23
Revenue for the period also dropped by 2.4% YoY.
Experts unfazed by manufacturing dip, expect mid-2024 rebound
In January, output decreased by 5.7% MoM.
LHN occupancy rates surpass 90% in 1Q24
During the period, it secured a master lease renewal for an industrial property.
Nanofilm's PATMI plummets to $3m in FY23
With the decline, the company recorded a lower EPS of 0.48 cents.
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections
Singapore’s next 60 years begin by strengthening its foundations for AI
Competing on value, not price: Why managers must rethink customer propositions
AI models are hungry for your data, so don’t just give it away