Staff Reporter
Gen Z--the alpha of new payment trends
Gen Z--the alpha of new payment trends
The younger generations are quickly embracing digital payment methods, leading the shift to building a digitally connected society.
Orchard retail rents to drop up to 4% in 2024: Savills
This decline will be due to labour supply issues and rising operating costs.
StarHub names Jacky Lo as new CFO
Lo was previously CFO at GoTo.
Don Agro net loss increases to $13.8m in H1 2024
Their gross profit also decreased to $11.4m.
Uni-Asia reports $15.4m net profit loss in H1 2024
They also had an operating loss of US$9.8m.
Future Economy Advisory Panel kicks off first meeting
Senior executives from DBS, Grab, and Microsoft Asia are part of the panel.
SGX FX taps MUFG as new liquidity provider
The partnership aims to provide an extensive level of liquidity.
Paragon REIT divests The Rail Mall for $78.5m
Proceeds will be used to reduce the property's outstanding debts.
UOB KayHian’s H1 net profit soars 64.3%
Revenue also grew 10.2%.
AEM Holdings net profit slumps 95% in H1 2024
Their revenue decreased by 37% to $173.6m.
China Aviation Oil’s net profit surges 117.8% YoY to $55.8m
Higher contributions from its associates drove the increase.
Cordlife widens net loss by $10.2m in H1 2024
The loss is due to the decline in revenue and refunds for clients affected by the high-risk blood cord tanks.
JTC rejects Penjuru Road site bids
The site received four bids.
Grab cuts losses by 54% to $68m in Q2 as adjusted EBITDA turns positive
Adjusted EBITA for the period rose to $64m.
Sri Trang Agro-Industry net profit surges 471% to $23.6m in Q2
Total revenue for the quarter also rose 21.6% YoY.
Non-oil domestic exports grow 15.7% in July after June decline
Growth in electronics and non-electronics drove the increase.
Frencken Group profit jumps 50.3% in H1 2024 on mechatronics growth
Its Mechatronics Division reported a 7.9% YoY revenue increase.
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