Staff Reporter
Manufacturing to remain cautious in H2 amidst ongoing tariff uncertainties
Manufacturing to remain cautious in H2 amidst ongoing tariff uncertainties
Chemicals and general manufacturing clusters expect declines in their production.
Jardine Matheson underlying profit soars 45% YoY in H1 2025
This has resulted in earnings of $685m for the period.
Del Monte Pacific posts $14.1m net profit in FY2025
Sales grew by 11% to $1.02b (US$789.5m).
Raffles Medical Group names new Chief Technology Officer
Foo holds a degree in Computer Science and Information Systems from NUS.
CapitaLand Ascott Trust sells Citadines Central Shinjuku Tokyo for $222.7m
The transaction is expected to be completed by Q4 2025.
Etiqa Insurance relocates to Capital Square
The company said the move aims to enhance accessibility.
Sunpower unit and Jining Energy to promote clean energy solutions
They aim to upgrade the regional energy structure.
Aster acquires Chevron Phillips Singapore Chemicals
The facility will be renamed Aster Polymer Solutions.
Luminor Financial forecasts net loss for H1 2025
This is due to an increase in amortisation of intangibles regarding the FHPL crowdfunding platform.
OCBC’s group net profit down 6% to $3.7b in H1 2025
Interim ordinary divided is 41 Singaporean cents.
FLCT posts 92.5% occupancy rate in Q3 2025
It reported 420,000 square metres of active leases and renewals.
NetLink NBN’s profit declines 9.2% in Q1 FY 2026
Revenue increased by 1.9% whilst EBITDA decreased by 1.9% in the same period.
Daily Markets Briefing: STI down 1.08%; Top stock is Venture
Venture is the top stock with a 4.19% increase.
ZGR Global and Hanshan fined $5.37m over illegal rate sharing
Staff from both firms engaged in frequent exchanges of real-time remittance rates, report said.
Singapore hiring up 2.1%, still 43% above pre-COVID
As of June, 14.8% of all job postings mentioned AI, a 10.1% year-over-year increase.
Singapore ranks second globally in AI readiness
Singapore leads globally in regulatory frameworks and AI adoption.
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