Staff Reporter

Real incomes rise in 2024 as wages increase and inflation eases

Both lower- and median-income workers experienced an increase in real incomes.

IHH Healthcare’s YTD 2024 earnings drop 13% YoY

Excluding exceptional items, earnings grew by 35%. 

Hong Kong Land unveils Westbund Central

The company now focuses on developing ultra-premium commercial properties in Asia.

Interra Resources gets 12-month extension for SGX watchlist exit

This allows the company to meet the required daily market capitalisation of at least $40m on average.

SBS Transit and French operator RATP Dev to operate Jurong Region Line

The passenger service is scheduled to open in three stages, starting in 2027.

Hong Lai Huat, The Assembly Place to develop projects in Cambodia

The parties aim to formalise several initiatives within the next 60 days.

ASL Marine applies to exit SGX-ST watchlist

The group has until 4 December 2024 to meet SGX’s requirements.

Marco Polo Marine’s net profit slips by 7.4% YoY in 2024

The company attributed this to a 2.8% YoY decline in revenue.

Platform Workers Act to drive industry costs higher by $493m a year

Workplace injury compensation insurance could add up to $42.88m annually.

SMF, JP’s Mitsui O.S.K Lines ink MoU on maritime scholarship programme

MOL aims to offer two MaritimeONE Scholarships per year.

Kaspersky Singapore Pte Ltd’s Adrian Hia honoured at SBR Management Excellence Awards 2024

Hia was named the Executive of the Year - Computer Software for his deep industry expertise and strategic vision

Daily Markets Briefing: STI up 0.43%; Top stock is CapitaLandInvest

CapitaLandInvest is the top stock with a 2.24% increase.

Singapore firms lead ASEAN in sustainability initiative growth

26% of ASEAN organisations increased their sustainability efforts in 2024 than last year.