News
Frasers Property Limited posts $142.2m net profit in H1 2025
Earnings were driven by higher residential contributions in Singapore.
Far East Orchard more than doubles net profit in Q1
This is despite a dip of 8.6% in its first quarter revenue.
Civmec’s net profit falls 53% in Q3 FY 2025
Revenue also declined by 38.6% YoY to $131.9m (AUD158.5m).
Marco Polo Marine’s net profit down 3.4% YoY in H1
Net profit attributable to equity holders was $10.6m.
Gov't launches program weighing rent and service quality for GP clinic rentals
The new testing starts at a GP site located at Bartley Beacon.
VICOM's profit up 7.5% in Q1
The group’s revenue also grew by 18.9% to $33m.
Sea rebrands digital finance business SeaMoney to Monee
It has also opened a new headquarters for its digital finance operations.
Gov't to roll out initiatives enhancing last-mile delivery
An e-guide will be developed to enhance safe practices amongst delivery personnel.
Daiwa House Logistics Trust’s Q1 NPI up 2.7% YoY
NPI rose to $11.1m from $10.8m in Q1 2024.
Frasers Property's net profit soars 147.6% YoY in H1 2025
Revenue also rose, increasing 2.7% YoY.
ST Engineering group revenue climbs 8% in Q1 2025
Group revenue was driven largely by the defense and public security business.
Job seekers report difficulty with 8% drop in postings: report
Over half of Gen Z globally (55%) say job hunting has become more difficult in the past year.
ESR Group launches Sunview Hub with Japanese consortium
The facility will span approximately 143,000 square metres and is expected to be one of Singapore’s largest logistics sites.
Singapore retailers turn to AI amid falling store sales: survey
69% of Singapore retailers believe AI agents will be essential to outpacing competitors within the next year.
Granite Asia secures $250m in backing for Libra credit fund
The commitments were made ahead of the fund’s official launch and include backing from Asian sovereign wealth funds.
Asia Pacific investment volume drops 18% in Q1 2025
The region recorded US$26.4b in total real estate investment during the quarter, down 18% YoY.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape