News
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.
PropNex’s net profit rises to $65.4m in FY22
The real estate agency attributed the increase to its $1.0b revenue.
Singapore, US partner to enhance telecom regulatory policies
This will cover areas of communications and connectivity.
V-shaped recovery expected in some manufacturing sectors despite contraction
Demand will pick up for transport engineering and general manufacturing.
Daily Markets Briefing: STI down 0.58%; DFI RG is most active stock
DFI RG was the top stock, up 2.89%.
Which brands made the biggest buzz in January
The biggest brand mover was a supermarket chain.
Maybank Singapore’s profit before tax doubles to S$655.92m in 2022
This was reportedly thanks to higher income and lower loan loss allowances.
Sembcorp Industries’ long-term contracts show optimism: broker
This despite concerns on its earnings tapering off.
Stricter rules on lower-skilled foreign workers boost local employment: MOM
Manpower Minister Tan See Leng showed its key findings on workforce policies.
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