News
Singtel's 1Q24 net profit plunges to $795m amid $1.47b exceptional loss
Singtel's 1Q24 net profit plunges to $795m amid $1.47b exceptional loss
Compared to 1Q23, net profit fell 64%.
NODX growth could hit the lower end of the 4.0%-6.0% forecast
In 1Q24, NODX declined 3.4% YoY.
Cromwell Property Group divests its entire CEREIT stake to Stoneweg
It sold 156,233,700 units at €1.52 per unit.
Five more SIA passengers return to Singapore following SQ321 incident
74 others remain in Thailand, including those receiving medical care.
Global Cities Index: Singapore ranks best city in Southeast Asia, third in Asia
The city-state was also among the best cities globally for doing business.
NUS uses magnetic pulses to activate muscle cells’ defences vs. cancer
This method was able to inhibit signs of cancer progression.
Australian communications regulator sues Singtel-owned Optus over 2022 data breach
Authorities said the company failed to protect its customers from the data leak.
MTI maintains 1%-3% GDP 2024 growth forecast despite 1Q expansion
GDP grew 2.7% YoY in 1Q24.
Jumbo Group hit by ransomware attack
The company plans to boost cybersecurity post-incident.
Fewer investors commit over 40% to ESG in portfolios
Only 28% did so in 2023, down from 37% in 2021.
Daily Markets Briefing: STI down 0.19%; Top stock is SGX
SGX is the top stock with a 2.50% increase.
Report shows ESG investing in Singapore declining
Biggest barrier to investing was skepticism about the performance of these funds.
Singapore's public housing most attainable in Asia-Pacific
HDB units cost 4.7 times the median annual household income.
Temasek and Warburg Pincus to acquire Specialist Risk Group
The acquisition is subject to regulatory approvals.
Terrenus Energy secures $300m green loan from DBS-led consortium
The company will use the loan for its solar project.
KSH Holdings warns of FY24 net loss amid soaring construction costs
The company will release its unaudited financial results on or before 30 May.
CDL sells 492 units in 1Q24, boosting Singapore revenue to $736.8m
The company attributed its improved sales to Lumina Grand.
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