News
Bank of Singapore boosts Middle East, GCC operations with six appointments
Bank of Singapore boosts Middle East, GCC operations with six appointments
Yasmine Omari will become the head of Wealth Planning for the Dubai Hub.
Singapore sees slower employment, lower retrenchments in 2024
Resident employment in higher-skilled sectors also grew in the last quarter.
Japfa receives privatisation offer from founder family members
The offer is at $0.62 per share.
Great Eastern exploring options for free float requirements compliance
SGX gave the insurer until 25 May.
Condo resale prices up 4% in December
A $19.75m unit in CCR was the most expensive condo resold in December.
Investment sales volume grows by 13.3% YoY in Q4 2024
During Q4 2024, investment volume was around $7b, according to Colliers.
Tianjin Pharma sees 2024 net profit growth
This was linked to the sale of its 13% equity interest in TSKF to Haleon China Co.
Keppel’s Bifrost Cable System gets US green light
The 20,000 km subsea cable will be the first system to connect the city-state to the west.
Lion Asiapac Limited expects loss due to lower orders
The loss was attributed to lower orders from the trading business.
Thomson Medical Group expects loss for H1
This is primarily due to weaker performance in the Malaysia market.
CDL Hospitality Trusts' NPI down 9% in 2h 2024
The group’s DPS also declined by 11.9% to 2.81 cents in the same period.
Micro-Mechanics’ net profit soars by over 108% YoY in Q2 2024
Group revenue also increased by 20.7% YoY to $16.3m.
Japan Foods Holding anticipates a loss for Q3 2025
This is attributed to lower revenue and higher selling and distribution expenses.
AcroMeta eyes 60% stake in sand mining concession in Malaysia
The company plans to pay via a convertible loan and a call option.
CapitaLand Ascott Trust profit up 8% in 2H 2024
The group’s revenue also rose 6% YoY to $423.2m.
Grab contributes $5.2b to Singapore's economy in 2023
Merchant-partners on the GrabFood and GrabMart platforms contributed $900m through their sales, whilst driver and delivery partners accounted for $3.1b.
Singapore data centre market to hit $3b by 2032 with 9.53% CAGR
The rising demand for cloud services is a major contributor, Credence Research said.
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