Singapore
UOB Group posts record core net profit of $4.8b in FY22
UOB Group posts record core net profit of $4.8b in FY22
Compared to FY21, the group’s core net profit rose 18%.
ARA US Hospitality Trust’s NPI soars 66% YoY to US$41.4m in FY22
The higher NPI pushed the REIT”s DPS to US$0.03054.
Boustead Singapore revises offer to take real estate subsidiary private
It is now offering to buy all of Boustead Projects Limited’s shares for $0.95 each share.
IHH CEO steps down
Dr Kelvin Loh Chi-Keon served as CEO for almost three years.
Sembcorp Industries chairman takes a bow
Ang Kong Hua will retire from his post on 20 April.
2Y SGS bond ‘attractive enough’ to draw demand: UOB
The June 25 bond was first issued in 2015 but was retapped.
Daily Markets Briefing: STI declines 0.27%; Yangzijiang is most active stock
Yangzijiang Shipbuilding is still the top stock.
Workers with advanced digital skills boost annual GDP by $62.4b: research
Seven in 10 organisations with such employees launched new products in the last two years.
SATS to raise S$798.8m in rights issue for WFS acquisition
Entitled shareholders will be allotted to subscribe for 323 rights shares for every 1,000 existing shares.
L’Oréal Singapore and GUILD bags Innovator of the Year at the SBR Management Excellence Awards 2022
The team was triumphant, earning recognition as the Innovator of the Year for their sustainable innovation and community contribution.
L’Oréal Singapore wins Executive of the Year at the SBR Management Excellence Awards 2022
During her over half a decade at L'Oréal Singapore, Isabelle Lim, Director of Corporate Affairs, Engagement, Public Affairs, and Consumer Advisory, has enhanced the company’s reputation amongst employees and key stakeholders in Singapore, engaging them across four core pillars: people, place, purpose, and planet.
Great Eastern’s profits down 30% to S$784.2m in FY2022
CEO Khor Hock Seng said that volatility of global financial markets impacted earnings.
ComfortDelGro driving centre rolls out first electric motorcycle course
It will be for motorcycle riders who hold Class 2A or 2B licences.
Diversifying your portfolio: Alternative investments in Singapore to consider in a low-interest rate environment
In today's uncertain financial landscape, investors need to diversify their portfolios to manage risk and maximise returns. With the current low-interest rate environment in Singapore, traditional investment options such as savings accounts and fixed deposits may not offer attractive returns. This is where alternative investments in Singapore can provide a fresh perspective and diversify your portfolio.
Steady earnings recovery expected for ComfortDelGro: analyst
RHB expects a net profit of $24m for ComfortDelGro.
Frasers Property secures 5-year SLL financing for Australian business
The SLL is worth $311.2m (A$340m) and $100.4m (US$75m).
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia