News
Grab cuts losses by 54% to $68m in Q2 as adjusted EBITDA turns positive
Adjusted EBITA for the period rose to $64m.
Sri Trang Agro-Industry net profit surges 471% to $23.6m in Q2
Total revenue for the quarter also rose 21.6% YoY.
Non-oil domestic exports grow 15.7% in July after June decline
Growth in electronics and non-electronics drove the increase.
Frencken Group profit jumps 50.3% in H1 2024 on mechatronics growth
Its Mechatronics Division reported a 7.9% YoY revenue increase.
Haw Par H1 2024 profit up 17.1%, but cost pressures weigh on margins
Its gross margin dipped to 54.6%
CapitaLand Investment unit prices $350m senior notes due 2035
The notes are offered at a fixed rate of 3.58% per annum.
Singapore and the Philippines ink MOU on carbon credits
The parties will exchange best practices and knowledge of carbon markets.
Daily Markets Briefing: STI up 0.88%; Top stock is ST Engineering
ST Engineering is the top stock with a 4.35% increase.
Far East Orchard’s H1 profit jumps 259.2% on strong PBSA segment earnings
The PBSA segment reported a 22.8% YoY revenue increase.
Genting Singapore’s profit increases 29% in H1, led by strong gaming revenue
Gaming revenue rose 28% YoY to $957.6m.
ComfortDelGro’s PATMI rises 21.4% in H1 on strong revenue growth
Revenue for the period rose to $2.12b.
Developers' sales soar by 236% MoM in July with mass market driving gains
July marked the second-highest monthly sales in 2024.
Sri Trang Gloves establishes new unit in China
This will be for gloves packing and distribution.
OIO Holdings wins case with ex-chairman, court orders $12,000 payment
Fan Chee Seng filed a case against the company for wrongful termination.
Hoe Leong’s earnings rebound in H1
It recovered from a loss of $720,000 a year ago.
Huationg Global’s net profit skyrockets 107.2% to $10.8m in H1 2024
Net profit increased by $5.6m.
Read Here
Advertise
Sign Up
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia