News
UMS’ net attributable profit rises to $9.8m in Q1
UMS’ net attributable profit rises to $9.8m in Q1
The board declared a tax-exempt dividend of $0.01 per share.
SBS Transit pioneers smart bus braking system in Singapore
The project is scheduled for a pilot launch in H1 2026.
Scoot to boost flight capacity in APAC
Scoot will add more flights to the Philippines, Australia, Thailand, and Taiwan.
Hyphens Pharma completes second tranche of Ardence Pharma acquisition
Hyphens Pharma acquired an additional 17% stake.
StarHub’s net earnings down 18.4% in Q1
Regional enterprise and broadband gains were offset by lower sales from other segments.
Lyon Investments increases offer price for Sinarmas Land
Closing date was also extended.
SBS Transit net profits dips 6.2% in Q1 2025
The group reported a revenue of $373.81m.
Jumbo Group’s H1 earnings falls 11.2% YoY
The decline was due to heightened competition and weak consumer confidence in China.
ThaiBev’s H1 net profit drops 9.2% YoY
Net profit for the period fell to $698.8m.
CDL fails bid to take Millennium & Copthorne Hotels private
This is despite raising its offer from $1.76 to $2.20 per share.
SIA Engineer net profits up 43.8% for full year 2024-2025
The group posted a group revenue of $1.24b for the year.
Manulife US REIT sells Atlanta property for $173.55m to pay off debts
This is approximately 58% of its 2026 debts.
SIA Group buys sustainable fuel from Neste, World Energy
The transactions are projected to reduce more than 9,500 tonnes of carbon emissions.
Sembcorp, Aster sign $650m deals for utilities support in Southeast Asia
Sembcorp will provide integrated gas, power, and utilities services to Aster’s refining and chemical facilities.
Travel marketers shift focus with trust reshaping influence: report
Consumers rely on multiple platforms such as comparison sites (74%), online travel agencies (65%), loyalty programs (51%).
Five adjoining shophouses at Temple Street on sale via EOI
The property has a guide price of $90m.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape