News
Singapore banks deliver strong earnings growth in Q1
Singapore banks deliver strong earnings growth in Q1
OCBC outperformed with a net interest margin expansion of 75bp YoY.
Daily Markets Briefing: STI increases by 0.19%; Hongkong Land is top stock
Hongkong Land was the most active stock as it increased by 1.79%.
SDC, WWF-SG unveil sustainability guidebook for establishments
The guidebook instructs businesses to align operations with sustainable practices.
Singapore requires residual current circuit breakers in all residential premises
This covers residential places built before 1985.
ST Engineering revenue up 13% YoY to $2.3b in Q1
Its Commercial Aerospace sector contributed the largest with $873m.
United Hampshire US REIT’s net property income rises 13.5% YoY to US$12.9m in Q1
The REIT attributed the increase to the resilient performance of its existing properties.
LHN Limited’s net profit plunges 47.4% YoY to $16.9m in H123
Despite the net profit decline, the company proposed a higher interim dividend of $0.01.
Singapore receives first-ever import of live chicken from Indonesia
Japfa delivered the 23,000 chickens to the Lion City.
CEREIT net property income up 3.6% YoY to $48.9m in Q1
Its DPU showed resiliency despite falling 2.4% YoY in Q1.
Central Bank unveils the Lee Kuan Yew centenary coin
Singaporeans can obtain the commemorative coin starting September 2023.
SGX-listed GAR’s net profit down 51% in Q1 due to normalised CPO prices
Despite the softened results, the firm said it stayed resilient.
Chart of the Day: Companies leading in data centre market
Knight Frank said Google has the highest market share.
Daily Markets Briefing: STI down 0.65%; Sembcorp Industries is at the top
Sembcorp Industries is the most active stock.
Ravi Menon reappointed as managing director of MAS
Senior Advisor Goh Chok Tong is stepping down from his position.
HSBC SG partners with Mastercard for travel credit card
It aims to provide convenience for travellers due to the rise in post-pandemic traffic.
Singapore’s life insurance industry down in first quarter
Annual premiums surged 24.7% on a quarterly basis.
Commentary
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Why AI blocklists give Singapore firms a false sense of security
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