News
Singapore assets boost Link REIT FY24 NPI by 9.5% YoY
Despite improved NPI, the REIT’s full-year DPU fell to HK$2.6265 (S$0.45).
Singapore Flyer operator Straco net profit soars 213.3% to $5.022m
The ride was in full operation in 1Q24.
IHH Healthcare posts record RM6b revenue in 1Q24
Revenue growth is credited to higher patient volume and complex cases.
Valuetronics FY24 profit up 29.8% despite double-digit revenue drop
Revenue fell 17.1% YoY to HK$1.7b (S$294.25m).
First hybrid system-powered LNG tug starts service in Singapore
The tug is equipped with mtu gas engines from Rolls Royce.
SATS returns to black with $56.4m FY24 profit
The airport service company credited its improved performance to record revenue.
Sentosa Development Corp unveils interactive sustainability showcase
This will be open until December 2024.
Mondelēz launches regional snacks lab and innovation kitchen in SG
It will be backed by over $5m investment.
Chasen incurs $6.57m loss in FY24
The company attributed the loss to the demolition of 18 Jalan Besut.
S'pore launches blueprint for AI digital transformation
It is expectd to benefit 50,000 small businesses.
Grand Venture Technology’s net profit soars 34.1% YoY in 1Q24
Modest life sciences growth tempered the profit increase.
Rapid changes in g-force, altitude caused injuries in SQ321 flight
The extreme changes in flight conditions happened in around five seconds.
Singapore faces significant ML risks from environmental crimes
Environmental crimes in Singapore generate up to $380b annually.
Singapore, Laos, and Cambodia collaborate on cross-border electricity trade
The collaboration aims to achieve three key outcomes.
Payroll providers in Singapore open to AI and automation for efficiency
Seven in 10 anticipate increased AI use in the next 12 months.
Daily Markets Briefing: STI down 0.12%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 10.55% increase.
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