News
Bumitama Agri's net profit declines 13.3% YoY in FY23
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.
Orchard retail rents to grow 3%-5% in 2024: Savills
Tourist arrivals and spending will drive the growth in rents.
MOH lists abrocitinib on the medical assistance fund
The drug is used to treat atopic dermatitis.
Gallant Venture records a $16m net loss in H2 FY23
The loss came despite the 4% increase in revenue.
Profit of Tiger Balm maker Haw Par soars 46% YoY to $216.6m in FY23
With higher profit, the company declared a higher basic earnings per share of $0.978.
Straits Trading cuts losses by 64.3% YoY to $43.5m in 2H23
In 1H23, the company recorded a $121.8m loss.
Trustee-manager of Dasin Retail Trust hit with winding up petition from ex-CEO
The trustee-manager has received two winding-up petitions.
Ho Bee Land posts a $259.8m net loss in FY23
Loss per share stood at $0.3913.
OUE Healthcare posts 77% YoY higher profit tax of $57.5m in FY23
The company also recorded a 33% YoY higher revenue for the period.
S-REITs post negative returns in January
Total returns of S-REITs were at -4.6%.
Daily Markets Briefing: STI down 0.54%; Top stock is DBS
DBS is the top stock despite a 0.975% decline.
Winners of Singapore budget 2024: banks, tech, renewables
Players in consumer staples and manufacturing cheer as well.
Proposed changes to cybersecurity law may improve oversight, scope: expert
Digitisation and reliance on outsourced computing vendors are among factors influencing the changes.
SG, Malaysia ink MOU to combat telco scams
The collaboration will facilitate mutual exchange of knowledge through training programmes.
Commentary
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI. Cybersecurity must keep up.
Game theory in the Gulf: Why Singapore should watch the Middle East carefully
When AI becomes the front door: How marketing in Singapore will really change in 2026
Singapore’s AI upskilling push is bold. Now employers must close the loop.