Singapore
Geo Energy’s revenue drops 29% in H1 2024
Net profit declined 2% to $35.5m (US$26.8m).
SingLand’s net profit sinks 38% in H1 2024
The decline was due to a significant drop in fair value gain on subsidiaries’ investment properties.
ST Telemedia GDC replaces conventional diesel with vegetable oil to power data centres
50,000 litres were initially deployed.
PM Wong’s National Day pledge says gov’t will “redouble efforts” to stabilise cost of living
The government will combat inflation through support measures such as CDC vouchers and cash payouts.
Families moving to Singapore push housing and utility costs higher
The most affordable housing in Singapore costs an average of $532,768.
New private residential launches fall to lowest level since Q4 2022
In Q2 2024, launches contracted by 73.3% YoY
Why value-added initiatives from brands matter in Singapore
Many Singaporeans seek brand help amid anxiety about their future.
Building a stronger Singapore by securing digital identities
As Singapore celebrates its National Day with the theme "Together, As One United People," we are reminded of the vital role secure and seamless identity management plays in fostering unity, trust, and innovation in the nation. This year's theme, which honours Singaporeans' 59 years of independence, highlights the country's strength and togetherness and emphasises how crucial resiliency and unity are to conquering obstacles and realising national prosperity.
Daily Markets Briefing: STI up 0.5%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 4.20% increase.
Employee burn out levels show 'minimal' improvement, finances key stressor
Gen Z is more burnt out than millennials.
EC World REIT NPU down 7.1% in Q2
Net property income for the period was $23.8m.
Sasseur REIT income and DPU fall amidst rental income dip
DPU for the period dipped 5.1% YoY.
Cohen & Steers boosts stake in Digital Core REIT
It acquired 3.6 million shares.
Frasers Property's unrecognised revenue reaches $1.9b for 9M 2024
Its 9M unrecognised revenue is already close to FY2023 levels.
SGX sees 4.7% net profit growth with strong equity activity
Net profit for the period was $597.9m.
SGX derivatives volume jumps 15% YoY to 23.5 million in July
It also hits an all-time high in futures volume.
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