News
Duty Free’s net profit soars to $16m in FY 2024
Duty Free’s net profit soars to $16m in FY 2024
Basic earnings per share stood at $1.33 (RM4.47).
Mapletree Industrial Trust divests US data centre asset for $15.5m
The proposed divestment is expected to be completed in Q2 2025.
Keppel units ink agreement to develop 19 plots in Tianjin, China
Under the deal, Keppel Hong Da will partially divest in Tianjin Fulong.
Digital Core REIT DPU grows 9.9% in Q1
Net property income also jumped by 41.8%.
Mapletree Logistics Trust’s FY2024 DPU down 10.6% YoY
Net property income dropped 1.5% YoY.
CapitaLand China Trust net property income falls 6.6% in Q1
Despite this, the group’s retail sector maintained high occupancy of 97.7%
Singapore ranks fourth in 2025 global crypto hub index
The city-state placed fourth globally, following Ljubljana, Hong Kong, and Zurich.
Singlife launches shared accident coverage for families
The insurer said this is the first personal accident insurance plan in the market.
Industrial sales decline in Q1
Multi-user factories and warehouses dropped during the period.
RHB maintains overweight rating on Johor plantation sector amidst ESG gains
Analysts cited robust earnings growth driven by rising palm oil prices.
Roughly four in ten firms report trust loss amidst breaches
Over 91% of Singapore IT and security leaders reported at least one cyberattack in the past year.
SC Ventures completes two AI projects with A*STAR IHPC
The projects were carried out under an MoU with the A*STAR Institute of High Performance Computing.
GenAI course enrollments surge 240% in 2024
Only 32% of GenAI learners in Singapore are women, despite women making up 45% of all Coursera users nationwide.
IPOs flatline in Q1 amidst global investor caution: report
Singapore’s primary market remained dormant this quarter, despite its reputation as a financial hub.
Daily Markets Briefing: STI up 1%; Top stock is Mapletree Log Tr
Mapletree Log Tr is the top stock with a 3.42% increase.
Inflation hits four-year low of 0.5% in March
CPI-All Items inflation came in at 0.9% y-o-y in March, unchanged from the month before.
Flexible roles rise over 66% YoY in March
Security and research roles saw the sharpest rise of 24%.
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