News
SGX-listed GAR’s net profit down 51% in Q1 due to normalised CPO prices
SGX-listed GAR’s net profit down 51% in Q1 due to normalised CPO prices
Despite the softened results, the firm said it stayed resilient.
Chart of the Day: Companies leading in data centre market
Knight Frank said Google has the highest market share.
Daily Markets Briefing: STI down 0.65%; Sembcorp Industries is at the top
Sembcorp Industries is the most active stock.
Ravi Menon reappointed as managing director of MAS
Senior Advisor Goh Chok Tong is stepping down from his position.
HSBC SG partners with Mastercard for travel credit card
It aims to provide convenience for travellers due to the rise in post-pandemic traffic.
Singapore’s life insurance industry down in first quarter
Annual premiums surged 24.7% on a quarterly basis.
ThaiBev net profit drops 3.2% YoY to $698.5m in H1
ThaiBev's sales revenue, however, climbed 3.7% YoY to THB148.3b ($5.83b).
Keppel launches smart and low-energy commercial tower in Tanjong Pagar
The 33-storey building will offer 650,00 sq ft of technology-forward spaces.
StarHub’s net profit attributable to shareholders rises 26% YoY to $37.5m in Q1
The company attributed the increase to growth across all its segments.
Keppel, KIT acquire stake in a wind farm in Sweden for $6.9m
The companies will have 2.9% and 13.4% stake in Fäbodliden II, respectively.
SG’s commercial real estate sales jump 40% YoY to US$3.7b in Q1
The Lion City is amongst the only two major markets to post an increase in investment volume.
Food firm to pay $75,000 fine after violations in foreign manpower act
But the government found that the firm committed no criminal offence.
OCBC prices A$1b senior floating rate green notes
The bank will issue the notes through its Sydney Branch.
Singapore shines as third-largest growth in gold reserves in the past decade
The Lion City’s gold reserves grew by 20.68% from 127.4 to 153.74 tonnes.
Frasers Property Limited’s attributable profit grew 42.8% in H1
It went up to $225.8m in the first half (H1) of fiscal year 2023.
Chart of the Day: Business park rents went up 0.6% in Q1
It deaccelerated from a 1% increase in the fourth quarter of 2022.
Read Here
Advertise
Sign Up
Commentary
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
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.