Staff Reporter
UOI profit before tax decline 2% to $22.1m in 9M2024
UOI profit before tax decline 2% to $22.1m in 9M2024
Still, its insurance revenue rose by 14% to $79.4m.
Manual methods still dominate Singapore's sustainability efforts despite tech advances
Five in 10 firms rely on manual processes to measure sustainability performance.
COTD: Industrial sales volume in Q3 rises after Fed rate cut
The rising manufacturing activity may also drive industrial property sales.
Daily Markets Briefing: STI down 0.49%; Top stock is Jardine C&C
Jardine C&C is the top stock with a 1.80% increase.
SG proposes int'l committee for SICC to hear global civil appeals
The committee will have ad hoc members from foreign courts referring appeals
SG prime office rents 2nd highest in APAC at $165 per square foot
The vacancy rate stabilised at 6.6% during Q3.
Singapore grants conditional approval for 1.75 GW of Aussie power imports
Solar energy will be transported to the city-state via subsea cables.
NUS and Vietnam’s FPT inject US$50m to advance AI-driven solutions
They will also conduct internships and PhD research opportunities, amongst others.
Singapore develops framework for RECs in cross-border electricity trade
The timeline for this framework is still being finalised.
AcroMeta to divest Life Science Incubator for $2.7m
It holds a 70% stake in the company.
Ben Kuang Marine to redeem $3.5m bond
The company has also proposed to issue up to $3.5m bonds due 2027.
Advanced Holdings subsidiary sells Advanced CAEKSA for $1
The transaction will be completed before 31 October 2024.
Keppel Pacific OAK US REIT obtains US$45m loan facility
It secured the facility through its trustee.
Keppel forms joint venture to develop 80MW data centre in Taiwan
The JV will develop the data centre in two phases.
Great Eastern gets more time from SGX to restore public float
It has until January 2025 to meet the listing requirement.
Singapore inflation expectations steady as fewer anticipate price drops
Only four in 10 expect inflation to decline over the next year.
Thomson Medical to issue $160m notes at 4.65% fixed rate
The notes are due in 2029.
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