News

ASTI Holdings profit falls 36.5% despite revenue growth

Revenue rose 25.3%, led by the Philippines at $16.6m.

RE&S opens first Charcoal Grill Shinpachi in Singapore

This also marks the chain's first overseas launch.

Sea Ltd’s net income climbs 10.6% to $586.7m in Q2 on Shopee growth

CEO Li is optimistic that Shopee will achieve US$1b adjusted earnings in 2026.

AI workplace policy should drive job transformation, not displacement, MTI says

Lower prices due to reduced costs will allow firms to expand output, the study said.

CapitaLand Investment winds up dormant China subsidiary

The voluntary liquidation of the unit will have no impact on the group's earnings.

Delfi H1 earnings up 5.4% as margins come under pressure

Higher raw material costs pushed gross profit margin down to 25.7%.

Non‑stop flights to emerging markets could boost economy, study says

Singapore could gain an annual increase of $200m in foreign direct investment.

SEC and ESGpedia team up on emissions tracking drive

They will combine digital carbon accounting with independent verification to support businesses.

CapitaLand trust lifts H1 net property income 8.7% to $630.5m

The trust posted a 7.1% DPU increase to 6.02 cents.

Digital Core REIT to sell three North American data centres

The company will redeploy funds towards its Singapore and Japan assets.

Travel Guard shifts Singapore underwriting to Zurich

Existing customers will keep their original policy terms whilst gaining access to expanded emergency assistance.

Daily Markets Briefing: STI up 0.98%; Top stock is Yangzijiang Shipbuilding

Yangzijiang Shipbuilding is the top stock with a 10.95% increase.

Singapore holds 10th spot in global prime office cost ranking

CBD Grade A vacancy fell to 5.6% as expansion deals dominate global leasing activity.

MetaOptics withdraws Nasdaq listing application

The company said the withdrawal is a deferral, not a change in its US ambitions.

ShopBack and Visa expand tie-up to 20,000 Singapore physical stores

ShopBack said that it has rewarded over S$1b in cashback globally.

Concord New Energy forecasts up to 69% drop in H1 profit

The decline was attributed to lower power generation.