Singapore
Daily Markets Briefing: STI up 0.62%; Top stock is HongkongLand USD
Daily Markets Briefing: STI up 0.62%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 3.22% increase.
SAM Holdings reports $12.64 net loss in H2 2024.
The group’s current liabilities now exceed its current assets.
7 in 10 say high agent bank fees deter investment
96% of CPF members are aware that they can invest their CPF monies.
LHN Group acquires Geylang property for $30m via joint venture
The JV company paid $3m, representing 10% of the purchase price.
Business park vacancy rate hits 14-year high in Q4 2024
The vacancy rate for the period reached 22.1%.
OUE Limited expects net loss for FY 2024 amidst slowdown in China property market
This comes after a net profit of $81.1m in 2023.
Marco Polo Marine’s Q1 2025 revenue drops 11% YoY
The group expects better performance in H2 2025 as recent investments yield returns.
Singapore to establish new communicable diseases agency in April
The CDA will focus on prevention, preparedness, detection, response, and enablement.
Straits Millennium obtains IPA for SG major payment institution licence
The company will offer digital payment token services in Singapore.
Tai Sin Electric’s net profit surges to $15.9m in H1 FY2025
The group’s gross profit margin improved to 17.58%.
Thomson Medical to provide benefits for Great Eastern Life policyholders
Policyholders will have access to specialist treatments at Thomson Medical Centre.
What Budget 2025 should focus on
Experts cited three main sectors that this year’s fiscal plan should fuel.
Singapore Paincare Holdings earnings slump 53.3% in H1 2025
The decline was due to losses from divestments and a joint venture.
ASL Marine posts $2.08m net profit in H1 FY2025
Earnings per share were at $0.0015.
Tiong Woon’s net profit climbs 12% YoY in H1 2025
The group’s revenue also increased by 5% to $78.8m.
SingPost appoints former SGX and SIA Engineering executives as IDs
This is part of the company's ongoing board renewal process
Fu Yu Corporation warns of net loss for FY2024
The group expects a total loss of $3.5m.
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