News
First Sponsor’s 1H profit soars 79% despite lower revenue
First Sponsor’s 1H profit soars 79% despite lower revenue
Revenue fell to $153.9m from $172.9m, largely due to fewer property handovers in China.
Daily Markets Briefing: STI down 0.4%; Top stock is JMH USD
JMH USD is the top stock with a 2.21% increase.
Singapore Airlines’ net profit down 58.8% to $186m in Q1
SIA and Scoot carried a record 10.3 million passengers during the period.
Keppel Pacific Oak US REIT distributable income drops 16.2% in H1
No distribution was declared for the period.
First Sponsor restates FY2024 earnings per share
The full-year EPS has been adjusted from $0.0829 to $0.0802.
Airwallex gains capital markets services license in Singapore
It is also launching Airwallex Yield to businesses in the city.
TTSH, HCSA Community Services to address Hepatitis C in Singapore
The initiative aims to screen individuals from August to the end of 2026.
Ban Leong cancels final dividend amidst compulsory acquisition, upcoming delisting
It will not affect the payout to dissenting shareholders.
Daily Markets Briefing: STI down 0.47%; Top stock is Keppel DC Reit
Keppel DC Reit is the top stock with a 39.52% increase.
Freehold Geylang Hotel launched for sale at $23.5m
The property, located at 60 Lorong 8 Geylang, has a guide price of $23.5m.
Factory output up 8%, but outlook weakens on trade risks: analyst
The firm forecasted that Singapore’s Industrial Production Index (IPI) will grow by 3.0% YoY in 2025.
Singapore stocks tracked by AVDV post 42% YTD return
Average daily turnover (ADT) across the group surged to $52.9m in 2025 (as of 25 July).
Manufacturing sector cautious amidst market headwinds
The chemicals cluster is the most pessimistic.
Singapore launches electronic deferred payments to ease cheque phase-out
EDP and EDP+ will be available in seven banks’ digital banking platforms.
HSBC Singapore unveils health and wellness centre at The Star Vista
They are provided 24/7 concierge and emergency care coordination, amongst other services.
RSM Singapore sets up $4m local tertiary scholarship fund
The firm is also committing a total of $900,000 to the Community Chest over 3 years.
Over 100 employees affected in salary offenses across three companies
Of the approximately $432,000 owed to the 103 employees, only $73,000 was eventually paid.
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