News
Sri Trang Gloves widens loss by 10.1% YoY to ฿42.3m in 4Q23
Sri Trang Gloves widens loss by 10.1% YoY to ฿42.3m in 4Q23
The company recorded a loss despite posting an 11.5% YoY jump in sales revenue.
Cromwell EREIT posts 8.7% YoY lower income of €88.3m in FY23
The REIT also declared an 8.7% YoY lower DPU of €0.15693.
Dasin Retail Trust taps Wang Peng as acting CEO of trustee-manager
Peng was previously part of the Sino-Ocean Group.
Raffles Medical Group’s PATMI drops 37.1% YoY to $90.2m in FY23
The company attributed the decline to the discontinuance of its COVID-related activities.
Inflation eases to 2.9% YoY in January
In December 2023, headline inflation rose 3.7% YoY.
Great Eastern’s weighted new sales dip, earnings soar in 2023
The total dividend for 2023 amounted to 75 Singaporean cents per ordinary share.
How much do advertisers spend on digital ads?
Digital spending makes up 59.7% of total ad spend in Singapore.
Daily Markets Briefing: STI down 1.24%; Top stock is DBS
DBS is the top stock despite a 0.353% decrease.
92% of SMU fresh graduates hired, but salary remains steady: survey
Top three programs based on hirings were finance, IT, law and accounting.
Businesses ramp up cybersecurity spending amid cyber threat woes: report
Majority expressed intention to invest in cybersecurity.
HRnetGroup reports 5.9% earnings dip
Revenue for FY2023 experienced a 5.4% year-on-year decline.
Venture Corporation revenue drops 21.7% in FY23
The group registered a net profit of $270m.
Aztech Global net profits surges 48% 2023
However, the group expects a challenging year ahead.
SGX RegCo proposes rule changes to streamline company restructuring
It suggested eliminating shareholder votes on major disposals during liquidation.
MPA shortlists 11 design proposals for Singapore’s electric harbour craft
It received 55 proposals from 32 international and local companies and consortia.
Eastspring Investments taps HSBC’s Vis Nayar as chief investment officer
He will begin his role as CIO on 3 June.
Industrial rents to grow 0%-3% in 2024: report
Savills cited three factors contributing to the projection.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform