Singapore
GKE’s net profit surges by over 130% in H2 2024
GKE’s net profit surges by over 130% in H2 2024
This was due to the growth of its warehousing and logistics segment.
HMI Medical and SBS Transit ink MoU to advance public health initiatives
Educational programmes will be implemented to enhance public health literacy.
Siloam signals interest in First REIT’s Indonesia hospital assets
Siloam currently operates the hospital assets.
Duty Free’s net profit soars to $12.6m in Q3 2024
Revenue also increased by 6.3% to $12.5m.
SingPost’s fired CEO Vincent Phang resigns from board
His resignation was effective 12 January.
Q&M Dental secures medical device licenses in key SEA markets
The company will now be able to sell and distribute in Thailand, the Philippines, Vietnam, and Indonesia.
NTUC, ST Engineering, SkillFuture SG ink deal to upskill workers in precision engineering
The partnership is expected to upskill 1,000 workers across 40 SMEs within the sector.
Monthly income of polytechnic graduates increases to $2,900 in 2024
More than eight in 10 graduates were employed within six months of graduation.
76% of Singapore firms disclose nature-related issues: study
But, only 14% have aligned with the Taskforce on Nature-related Financial Disclosures framework.
MAS fines trader $350k for false trading and unauthorized activities
Gui manipulated the prices of shares on 554 occasions for HHL and 56 occasions for HGC, MAS, and Singapore Police Force noted.
NUS, UOB, Northern Trust launch blockchain token for green bonds
NUS’ strategy includes a three-year Memorandum of Understanding with Northern Trust to develop solutions in ESG finance.
ST Engineering secures contract for Walk-to-Work vessel by 2027
It will feature motion-compensated gangway and a 10-ton crane.
Family-sized home demand to spur non-landed segment growth in 2025
Rental growth is expected to range between 1% and 3% in 2025.
Daily Markets Briefing: STI down 0.26%; Top stock is Singtel
Singtel is the top stock with a 1.63% increase.
What will boost S-REIT recovery in 2025
Analysts advise a gradual increase in S-REIT allocations given anticipated volatility.
Singapore leads SEA fintech funding with $995m raised in 2024
The city also led fintech funding in Q3 2024.
SingPost leadership change won’t derail divestment strategy
The company is still expected to sell Famous Holdings and SingPost Centre.
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