Singapore

Lendlease to exit offshore construction ops to focus on Australian business

Significant developments are expected within 12-18 months.

Lendlease to exit offshore construction ops to focus on Australian business

Significant developments are expected within 12-18 months.

OUE REIT executes first interest rate swap with carbon credits 

The REIT will use the carbon credits received to offset residual emissions.  

Construction works for CR14 Turf City station to commence in 3Q24

The project was awarded to a joint venture corporation. 

White flats might see reduced resale interest, expert warns

The government will introduce the white flats in its October BTO.

ARA H-Trust sells managers to tycoon Gordon Tang 

Tang's children also acquired 19.0% of the trust's stapled securities.

Ley Choon's net profit up 18.1% YoY in FY24 to $10.9m

The company attributed its profit rise to increased road and cable projects.

Yangzijiang Shipbuilding hits record US$16.8b in orders year-to-date

The year-to-date order book exceeds the US$14.5b total from the end of 2023.

Lorraine Shiow takes helm as CEO of IOI Properties Singapore

She will focus on accelerating the company's growth.

Raffles Family Office taps Kendrick Lee as new Singapore CEO

He is also the co-founder of the family office.

Business receipts of service industries up 10.5% YoY in 1Q24

Recreation & Personal Services had the highest growth in revenue amongst industries.

Zurich Insurance Singapore apoints new claims chief

Graves has been with Zurich for eight years.

Boustead Singapore’s net profit soars 64% in 2H24

The increase was due to significant revenue contributions from three of its divisions.

All SQ321 crew members return to Singapore

Meanwhile, 52 passengers were still left in Bangkok.

iWOW Technology profit falls 22% YoY in FY2024 

However, the revenue for the period surged by 81.5%.

Seatrium achieves $25.8b net order book in 1Q24

The quarter's order book comprises 31 projects with deliveries set until 2030.