Staff Reporter

Monday Wrap: Surplus strain, delivery challenges, and expansion headwinds

Firms are prioritising growth, though talent retention remains a major obstacle.

Travel market seen at $6.9b by 2034

IMARC projects 4.28% annual growth from 2026 to 2034.

Domestic wholesale sales dip 1.1% as furniture and construction trades slump

Foreign and domestic wholesale sales show quarter-on-quarter growth.

Livingstone Health unit to acquire Wellington Pte. Ltd. for $1.33m

The acquisition involves $679k upfront and profit-based earn-outs.

Singapore Index Fund grows by 19% as assets reach $59m in H2 2025

Financial stocks accounted for 54.4% of the portfolio.

LTA awards $735m in contracts for Downtown Line 2 extension

Woh Hup and Samwoh-CCCC JV win deals for new bridges and interchange stations

HDB rents ease 0.3% in January as more flats reach MOP

Monthly HDB rents fell across most segments, led by 1.8% drop in Executive flats.

Sea leverages Google AI in key units under new pact

AI-powered products will be developed for Garena, Shopee, and Monee.

Tai Sin Electric CEO boosts ownership with 63,800-share buy

CEO Lim Boon Hock Bernard's stake is now up to 18.23% after $0.515-per-share buy on 13 February.

G.H.Y Culture & Media poised to swing into profit in 2025 on TV production surge

Preliminary FY2025 shows turnaround on higher core revenue and improved film segment margins.

SIA Engineering's net profit rises to $41.9m in Q3 FY2025-26

Revenue grew by 8.7% despite start-up costs at two new subsidiaries.

Nera Telecommunications lands $2.4m cybersecurity deal with asset management group

Three-year deal secures 24/7 cyber defence and SOC support for high-stakes financial operations.