Singapore
Acrophyte Hospitality Trust’s gross revenue dips by 3.9% YoY
Acrophyte Hospitality Trust’s gross revenue dips by 3.9% YoY
Gross operating profit and net property income were lower at $61.2m and $44.7m, respectively.
Optus fined $10.56M for failing emergency calls in 2023 outage
It failed to provide 2,145 emergency call services and 369 welfare checks.
SBS Transit partners with IBM to enhance systems with AI
Engineers and technicians will be able to anticipate and resolve potential faults.
UOB’s net profit climbs to $3.42b YTD amidst fee income growth
The quarter’s earnings surged 16.5% YoY.
DBS Bank buys 164,00 shares for $395,240 from MINT
The transaction increased DBS’ stake in MINT by 0.75%.
Six in 10 S’poreans at higher risk for developing diabetes complications
90% identified food as the most impactful factor on glucose levels.
SBF banks on rebranding to double corporate partnerships
It will develop relevant programmes that can support SMEs.
Attika Group raises $4.62m with fully subscribed Catalist IPO
It debuted on 8 November.
Yangzijiang Shipbuilding’s order wins hit $11.64b, surpassing FY24 goal
Its goal for FY24 is US$4.05b.
Second Chance Properties to delist on 13 November
It was privatised by its founder and CEO.
Singapore Shipping’s net income jumps 71.9% YoY to US$7.77m
Improved revenue drove net income higher.
Livingstone Health forecasts H1 2025 profit on revenue growth
In H1 2024, the company recorded a $3m loss.
Jason Marine’s swings to $330,000 net loss as costs surge
Distribution and general and administrative costs increased by 15.1%.
SABIC opens $220m resin manufacturing facility in Singapore
The facility boosts SABIC's specialty resin capacity production by over 50%.
Genting Singapore’s Q3 net profit nosedives to $79.4m in Q3
The company attributed the decline to lower VIP rolling volume and win rate.
Paragon REIT’s gross revenue climbs 3% despite tenant sales dip
Tenant sales in Singapore fell 3% YoY.
Far East Orchard’s profit more than doubles in 9M FY24 to $16.9m
The company attributed its feat to its strong operating performance in H1.
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