Singapore
CSE Global’s H1 net profit surges 36.4% to $15.0m
CSE Global’s H1 net profit surges 36.4% to $15.0m
The growth was driven by broad-based growth across all business segments and geographical regions.
ARA US Hospitality Trust hit by 4.4% YoY NPI drop on revenue shortfall
Its revenue slipped 2.4% YoY in H1 2024.
Fraser and Neave profit rises 37.3% YoY to $123M in 9M 2024
Its F&B segment helped boost its profit.
Cromwell European REIT suffers 9.5% DPU decline on asset sales impact
Apart from lower DPU, the REIT recorded lower net property income.
Elite UK REIT's NPI falls 4.7% YoY to £18.7m on vacancy costs
The REIT's lower NPI led to a 1.7% YoY drop in unitholder distribution.
Yeo Hiap Seng H1 net profit down 3%
The decline was due to currency volatility, freight disruptions, and lower product sales.
MAS confirms no competitive concerns with Allianz deal
Income's market share in life and general insurance is less than 10%.
Nearly half of Singapore retailers struggle with brand awareness
Ad and email fatigue emerged as the primary obstacle.
Geo Energy signs USD150m contract for integrated infrastructure development
The project will bring the company’s road haulage capacity to 40-50 million tonnes per year.
Expert cuts shophouse sales forecast to $700m-$800m for 2024
The previous projection was $1.1b-$1.2b.
Can eased taxi regulations reverse market decline?
Singapore extends taxi lifespan to 10 years and limits the frequency of inspections.
Daily Markets Briefing: STI down 1.09%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 1.74% increase.
Citi Singapore nets ex-DBS COO as new CEO
She is also the new wealth head for the South Asia cluster.
Retail sales dip 3.7% YoY in June amidst slow tourism recovery
Major events and cash handouts may boost retail sales.
Paragon REIT revenue soars 30% in H1 2024
Revenue for the period was $147.4m.
AsiaPhos anticipates rebound in Q2 2024
The company reported a net loss of $0.38m in H1 2023.
Singapore's industrial property market could stand to benefit amidst global volatility
The JTC All Industrial rental index saw its 15th consecutive quarter of growth.
Read Here
Advertise
Sign Up
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