News
First Resources’ revenue reaches an all-time high of US$1.2b in FY22
First Resources’ revenue reaches an all-time high of US$1.2b in FY22
The record sales propelled its underlying net profit to US$334.2m.
Venture Corporation CFO steps down
William Ng Wai Lim's last day of service is 30 April.
Jardine C&C’s net profit rises 12% YoY to US$740m in FY22
Given the increase, the board proposed a 39% YoY higher dividend per share.
Chris Ong Leng Yeow appointed as CEO of Keppel O&M-Sembcorp Marine entity
He will also serve as a member of the transformation committee.
IHH Healthcare posts revenue growth but net income down 58% YoY
Recorded net profit was at $57.3m in the final quarter of 2022.
Why LBC rates of lands for commercial and industrial use did not increase
The recent rate hike ranges from 3.0% to 10.2%.
StarHub’s Google Cloud partnership to create secure, energy-efficient cloud network
The telco will pilot Google Distributed Cloud Edge and Nokia 5G Standalone Core.
Yangzijiang Financial posts 80% net profit decline in H2 2022
The company posted $25.6m net profit to the firm's equity holders.
Strong growth for major banks seen: Fitch Ratings
This will be supported by wider margins and well-contained credit costs.
Daily Markets Briefing: STI up 0.05%; Frasers Logistics & Commercial Trust is top active stock
Frasers Logistics and Commercial Trust is the most active stock.
Chart of the Day: Do Singaporeans need help managing their money?
Younger consumers do, according to a YouGov survey.
#WomensMonth: Do female employees get enough opportunities at work?
Three in 10 feel they have to work harder to achieve their goals.
Condo prices post first monthly decline in over 2 years: analysts
Weaker sales during the Lunar New Year and fewer sellers caused the decline.
Golden Agri Resources’ net profit up to $528m in H2 22
The firm’s downstream and upstream businesses helped in the growth.
Sembmarine declares request for trading halt
It called for a trading halt past 8 a.m.
Sembmarine cuts net loss by 77% in H2 22
Its EBITDA improved to $12m in the second half of 2022.
OUE Lippo Healthcare posts net loss of $4.01m in H2 22
For fiscal year 2022, its revenue grew to $119.8m YoY.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
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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