News
Grand Venture Tech’s profit after tax up 27.7% YoY in Q1
The company’s revenue also rose by 44.8% YoY to $44.6m.
Mapletree posts $637.4m profit in FY25
AUM also increased from $77.5b to $80.3b.
Frencken to build new $63m manufacturing facility in Kaki Bukit
The site will be built on a plot of land leased from JTC Corporation to its subsidiary ETLA.
PMI edges up to 49.7 in May
This marks the second contraction following 19 consecutive months of expansion.
GigaDevice opens headquarters in Singapore
It will serve as a central platform to drive global coordination.
Hiring slows as employers sift through poor matches: report
Sixty-nine percent of employers reject applications due to a skills gap.
CapitaLand Malaysia Trust to raise $75.9m
The company said it plans to use the proceeds primarily to repay existing bank borrowings.
Fire risks, long charging lines hinder S’poreans from switching to EVs
The availability of EV-specific insurance is a key consideration when making the switch.
Startup funding drops 73% to $115m in May
Startups raised $115m in May, down from $429m in April.
Global leaders turn to hybrid work to build business resilience: report
Two-thirds (67%) of executives are actively reducing or planning to reduce operating cost.
Workers' confidence in employer health support wanes in 2025: survey
One in five Singapore workers say they are not confident they can afford healthcare for themselves or their families.
Regional grid may unlock 25GW in renewables: report
The regional grid strategy aims not only to decarbonise Singapore’s power sector but also shield it from volatile global gas prices.
UOB Kay Hian maintains positive view on S-REITs amidst stability
With the 10-year Singapore government bond yield at 2.4% and the 3-month compounded SORA at 2.3%.
Daily Markets Briefing: STI up 0.01%; Top stock is YZJ Shipbldg USD
YZJ Shipbldg USD is the top stock with a 4.25% increase.
3 in 5 S’poreans live paycheck to paycheck: report
More than a quarter also work multiple jobs.
HPL unit acquires Concorde Hotel & Shopping Mall
The property was sold for $821m.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape