News
Netlink NBN Trust posts over 24% profit growth in first nine months
Netlink NBN Trust posts over 24% profit growth in first nine months
Its profit after tax amounted to $81.8m.
Elite Commercial REIT DPU fall 11.4% in FY 2022
The decrease was due to increased borrowings and a marginally lower occupancy rate.
DBS names new group head of consumer banking, Singapore country head
She Tse Koon takes over from Sim S. Lim, who is retiring from executive duties.
Daily Markets Briefing: STI down 1.07%, Wilmar International at the top
Wilmar International and Emperador are the only gainers.
Chart of the Day: Singaporeans leave their money to savings and insurance
Those in early adulthood are likely to do both.
HDB resale prices won’t change: PropertyGuru
Demand of resale flats will be subdued as supply increases.
LIVE UPDATES: Singapore Budget 2023
Finance Minister Lawrence Wong said the budget will be about “Moving Forward in a New Era.”
Thomson Medical Group EBITDA soars 41% in H1
The increase was due to a sudden demand for healthcare services focusing on personal health.
Singapore's new insurance premiums fall 5.2% in 2022
Rising interest rates and inflation dented demand for life insurance products.
High interest rates carry DBS to record net profit of $8.19b in 2022
Total income surpassed $16b for the first time in the bank’s history.
Singapore pledges economic cooperation with Indian state Uttar Pradesh
Multiple MOUs were signed between Singapore and the Indian state.
GDP growth to ease in 2023 at 0.5%-2.5%
In 2022, the economy expanded by 3.6%.
Non-oil domestic exports unlikely to grow in 2023: forecast
Enterprise Singapore’s NODX growth projection is -2.0% to 0.0%.
LHN Group's COLIWOO acquires GSM property for $80m
The property comprises 33 units.
ThaiBev's EBITDA drops 7.7% YoY in Q123
The company attributed its EBITDA performance to cost push amongst others.
Sembcorp to co-establish 5 industrial parks in Vietnam for $1.3b
The company will set up the industrial parks with Becamex IDC Corporation.
Grab changes MP Pei Ling’s role in the company amidst debate on her appointment
The MP was earlier appointed as Grab’s Director of Public Affairs & Policy.
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