News
DBS’ net profit flat in H1 despite higher tax expenses
DBS’ net profit flat in H1 despite higher tax expenses
Markets trading income rose to its strongest performance in four years.
IMAS and UK’s IA join Project Guardian for asset tokenisation initiatives
They are the first asset management-specific bodies to join Project Guardian.
UOB’s net profit down 3% to S$2.83b in H1 2025
Interim dividend is 85 cents per ordinary share.
High Court rules Park Hotel director breached fiduciary duty
Ruling said he transferred assets for his gain, manipulated books to hide subterfuge.
Singapore amongst top Asian cities for remote work
It offers full 5G coverage and efficient public transport.
Air India to take aircraft maintenance in-house with help from Singapore Airlines
The move follows a fatal crash in June.
CapitaLand Ascendas REIT completes acquisition of 5 Science Park Drive
Part of $500 million private placement deployed.
Posh Electric to conduct sodium-ion battery trial
POSH will deploy a 1-megawatt-hour sodium-ion BESS to manage solar intermittency.
Straits Trading forecasts H1 net loss
This comes as the value of its UK investment properties dropped.
Yangzijiang Shipbuilding’s net profit up 37% in H1
The company has delivered 23 vessels during the period.
Venture Corporation’s net profit declines by 8.6% YoY in H1
Revenue for the same period also fell by 8.8%.Venture Corporation Limited has reported a net profit of $113m for the first half of 2025, lower by 8.6% year on year (YoY).
Carro could raise up to $642m in US IPO: report
If successful, Carro's listing would be the largest Southeast Asian IPO in the US since 2017.
Beng Kuang’s net profit drops by over 50% in H1
Earnings declined to $2.91m for H1 2025, from $3.06m the previous year.
Pasir Panjang Road site up for sale via EOI
It has a total gross floor area of 7,591.14 square metres.
CSE Global's new orders grow 3.8% YoY in Q2
The Electrification business segment secured $94.8m of new orders.
Singapore apps increase paid acquisition as engagement stays high
Singapore’s reattribution share rose to 0.61, well above the global benchmark.
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