Singapore

LTA awards ST Engineering $175m contracts for bus fleet upgrades

The company expects to complete modernisation works by 2027.

S’pore, Canada team up to enhance S&T and innovation ties

Both countries identified four principles that will street ST&I enhancement efforts.

New guideline restricts rejections of flexible work arrangement requests to business factors

By December this year, employees whose requests were rejected based on bias can seek union aid.

Daily Markets Briefing: STI up 0.13%; Top stock is DBS

DBS is the top stock with a 1.862% increase.

Singapore’s outbound real estate investments in APAC dip in Q1: JLL

Cautious sentiment and pricing uncertainties dampen cross-border activity.

ST Eng’g bags $175m contracts with LTA to modernise bus system

The upgrades will cover 5,800 public buses and will be completed by 2027.

Glencore foresees trading earnings surge to $4.08b-$4.76b

The company expects trading gains from higher interest rates.

DBS achieves record-high Q1 profit of S$2.96b

Dividend is SGD 54 cents per share for the quarter.

Nearly all businesses use gen AI in operations, cybersecurity: report

Security leaders split if gen AI is a boon or bane to cybersecurity.

Owner listings up 3.0% QoQ in 1Q24

Year-on-year, listings were 47.8% higher.

Japfa's 1Q24 profit rebounds to $16.93m

A year ago, the company recorded a $58.55m loss.

Singapore trails U.S. in soft drink innovation

In 2023, Singapore introduced 88 new brands and sub-brands in the  soft drinks space,

Luxury home sales drop to 46 in 1Q24

Excluding new sales, transactions would have been 17.6% QoQ higher.

CSE Global's 1Q24 orders reach $186.2m

The new orders for 1Q24 was 16.7% higher year-on-year.