Singapore
Ley Choon's net profit up 18.1% YoY in FY24 to $10.9m
Ley Choon's net profit up 18.1% YoY in FY24 to $10.9m
The company attributed its profit rise to increased road and cable projects.
Yangzijiang Shipbuilding hits record US$16.8b in orders year-to-date
The year-to-date order book exceeds the US$14.5b total from the end of 2023.
Lorraine Shiow takes helm as CEO of IOI Properties Singapore
She will focus on accelerating the company's growth.
Raffles Family Office taps Kendrick Lee as new Singapore CEO
He is also the co-founder of the family office.
Business receipts of service industries up 10.5% YoY in 1Q24
Recreation & Personal Services had the highest growth in revenue amongst industries.
Zurich Insurance Singapore apoints new claims chief
Graves has been with Zurich for eight years.
Boustead Singapore’s net profit soars 64% in 2H24
The increase was due to significant revenue contributions from three of its divisions.
All SQ321 crew members return to Singapore
Meanwhile, 52 passengers were still left in Bangkok.
iWOW Technology profit falls 22% YoY in FY2024
However, the revenue for the period surged by 81.5%.
S’pore completes first simultaneous methanol bunkering and cargo ops
MFM system and digital bunkering were also tested.
Seatrium achieves $25.8b net order book in 1Q24
The quarter's order book comprises 31 projects with deliveries set until 2030.
Singapore inks carbon credit transfer deal with Ghana
The collaboration will enhance both countries' climate goals and funding for mitigation efforts.
CCCS seeks public feedback on renewing shipping exemption order
The CCCS wants the Trade Ministry to extend the order by five years.
MTI names Puah Kok Keong as new chief executive of Energy Market Authority
He will assume his post on 8 July.
Generative AI jobs double in Singapore
Singapore GenAI job postings are higher than US, UK, and Australia.
Experts caution on 2Q24 GDP growth after April manufacturing drop
Manufacturing output fell by 1.6% YoY in April.
Daily Markets Briefing: STI up 0.06%; Top stock is Seatrium
Seatrium is the top stock with an 11.69% increase.
Commentary
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F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
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