Singapore
LHN Limited’s net profit plunges 47.4% YoY to $16.9m in H123
LHN Limited’s net profit plunges 47.4% YoY to $16.9m in H123
Despite the net profit decline, the company proposed a higher interim dividend of $0.01.
Singapore receives first-ever import of live chicken from Indonesia
Japfa delivered the 23,000 chickens to the Lion City.
CEREIT net property income up 3.6% YoY to $48.9m in Q1
Its DPU showed resiliency despite falling 2.4% YoY in Q1.
Central Bank unveils the Lee Kuan Yew centenary coin
Singaporeans can obtain the commemorative coin starting September 2023.
Chart of the Day: Companies leading in data centre market
Knight Frank said Google has the highest market share.
Daily Markets Briefing: STI down 0.65%; Sembcorp Industries is at the top
Sembcorp Industries is the most active stock.
5 in 10 employees say AI is the most in-demand digital skill
However, only 15% of them possess expertise in AI.
Ravi Menon reappointed as managing director of MAS
Senior Advisor Goh Chok Tong is stepping down from his position.
HSBC SG partners with Mastercard for travel credit card
It aims to provide convenience for travellers due to the rise in post-pandemic traffic.
Expert warns of higher cost of doing business in Singapore because of ABSD rate hike
Government raised the ABSD rate for foreigners buying properties in Singapore from 30% to 60%.
Singapore’s life insurance industry down in first quarter
Annual premiums surged 24.7% on a quarterly basis.
ThaiBev net profit drops 3.2% YoY to $698.5m in H1
ThaiBev's sales revenue, however, climbed 3.7% YoY to THB148.3b ($5.83b).
Keppel launches smart and low-energy commercial tower in Tanjong Pagar
The 33-storey building will offer 650,00 sq ft of technology-forward spaces.
StarHub’s net profit attributable to shareholders rises 26% YoY to $37.5m in Q1
The company attributed the increase to growth across all its segments.
Keppel, KIT acquire stake in a wind farm in Sweden for $6.9m
The companies will have 2.9% and 13.4% stake in Fäbodliden II, respectively.
SG’s commercial real estate sales jump 40% YoY to US$3.7b in Q1
The Lion City is amongst the only two major markets to post an increase in investment volume.
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