News
StarHub’s Google Cloud partnership to create secure, energy-efficient cloud network
StarHub’s Google Cloud partnership to create secure, energy-efficient cloud network
The telco will pilot Google Distributed Cloud Edge and Nokia 5G Standalone Core.
Yangzijiang Financial posts 80% net profit decline in H2 2022
The company posted $25.6m net profit to the firm's equity holders.
Strong growth for major banks seen: Fitch Ratings
This will be supported by wider margins and well-contained credit costs.
Daily Markets Briefing: STI up 0.05%; Frasers Logistics & Commercial Trust is top active stock
Frasers Logistics and Commercial Trust is the most active stock.
Chart of the Day: Do Singaporeans need help managing their money?
Younger consumers do, according to a YouGov survey.
#WomensMonth: Do female employees get enough opportunities at work?
Three in 10 feel they have to work harder to achieve their goals.
Condo prices post first monthly decline in over 2 years: analysts
Weaker sales during the Lunar New Year and fewer sellers caused the decline.
Golden Agri Resources’ net profit up to $528m in H2 22
The firm’s downstream and upstream businesses helped in the growth.
Sembmarine declares request for trading halt
It called for a trading halt past 8 a.m.
Sembmarine cuts net loss by 77% in H2 22
Its EBITDA improved to $12m in the second half of 2022.
OUE Lippo Healthcare posts net loss of $4.01m in H2 22
For fiscal year 2022, its revenue grew to $119.8m YoY.
Strong demand seen for BTO flats in Kallang/Whampoa
The HDB launched over 4,400 BTO flats across five sites.
Excelsior Hotel & Shopping Complex up for sale at $458m
It comprises a 5-level podium shopping centre and a tower block rising to 21 storeys
UOL net profit surges 60% YoY to $491.9m in 2022
Its revenue also increased by 28% to $3.2b.
Business receipts of service industries rise 10.9% YoY in Q422
Recreation & Personal Services had the highest growth in revenue amongst industries.
Condo rents volumes slip by 0.9% in January
An estimated 6,285 units were rented during the month.
Sheng Siong Group records slight uptick in net profit in FY22
Its net profit rose 0.4% YoY to $133.6m.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform