Staff Reporter
Silverlake Axis profit declines 38% YoY in FY 2024 amidst shifts in revenue mix
Silverlake Axis profit declines 38% YoY in FY 2024 amidst shifts in revenue mix
Group revenue for the period was RM783.5m ($234.8m).
Condo resale prices rise 0.8% MoM and 5.5% YoY in July
The Core Central Region led submarkets with a 2.8% MoM increase.
Condo resale volume rises 32.2% MoM in July
The volume was 21.7% higher year-on-year.
Manufacturing output up 1.8% YoY in July
Excluding the biomedical manufacturing segment, output would’ve increased by 3.4% YoY.
MegaChem receives $4.4m insurance payout for July warehouse fire
In total, they have received $12.3m in insurance payouts.
Headline inflation unchanged as transport costs offset easing in accommodation
Private transport inflation rose to 0.9% YoY.
Sembcorp’s Myingyan power plant resumes operations
Conflicts around the plant’s area have ceased.
Daily Markets Briefing: STI up 0.24%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 4.51% increase.
Over half of S’pore companies not reporting Scope 3 emissions
This is expected to improve as exchanges make reporting mandatory.
CLCT manager names Gerry Chan as deputy CEO
This is effective 1 September.
Oxley Holdings expects net loss in FY 2024
Blame it on lower sales from property developments.
Joo Chiat and Little India boutique hotels up for sale
Expression of interest will close on 7 October.
SIT opens new Punggol campus for academic year 2024
Students from two clusters are the first to experience the new campus.
Singaporeans face longer wait for financial freedom
Nearly half believe they will never be financially free.
F&B profits “erode” as customer pool stagnates
The number of new F&B establishments was unmatched by the growth of tourists and locals.
Singapore M&A deal activity drops 23.7%
Deal activity in Asia Pacific declined 9.9% overall.
Daily Markets Briefing: STI up 0.44%; Top stock is SATS
SATS is the top stock with a 2.00% increase.
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