Singapore

Jumbo Group net profit up 11.9% YoY to $8.89m in 1H24

Its Singapore operations helped boost profit for the period.

Jumbo Group net profit up 11.9% YoY to $8.89m in 1H24

Its Singapore operations helped boost profit for the period.

Porsche Experience Centre coming to Singapore in 2027

The Singapore centre will be the 11th worldwide. 

GuocoLand unit sells stake in Eco World International for $61m

The subsidiary held a 27% stake in  Eco World International.

Mapletree Logistics Trust divests Tuas property for $10.5m

It sold the 25-year-old property above valuation.

Keppel unit divests shares in Dyna-Mac for $100m

The subsidiary had 23.91% shares in Dyna-Mac.

Frasers Property profits plunge 74.6% YoY in 1H24

The company attributed its lower profit to UK impairments.

Italian insurance-financial firm opens office in Singapore

The lion city is Italy's largest export goods destination in the region.

FLCT debt management, expansion to stay prudent in next 2 years: S&P

Credit rating upgrade unlikely in the next 12 to 24 months.

Daily Markets Briefing: STI down 0.61%; Top stock is Hongkong Land USD

Hongkong Land USD is the top stock with a 2.45% increase.

Softer demand to slow rental and price growth for factories

In 1Q24, rental indices saw single-digit increases.

Less experience, more AI knowledge wins jobs

Seven in ten companies are reluctant to hire individuals without AI skills.

Wiseasy Technology earns a win in the Payments category at the SBR National Business Awards 2024

Wiseasy's WiseQ Mobile Payment Solution is shaping the future of the QR payments landscape for businesses, designed to prevent fraud and inefficiency, and ultimately, to serve an even bigger purpose.

Tan Tock Seng Hospital introduces flexible working shifts for nurses

The initiative allows nurses to have a mix of routine and flexible shifts.

UOB grants 30,400 shares to eligible non-executive directors

The share awards are part of the directors’ remuneration for 2023.

Riverstone logs 54.5% YoY net profit growth in Q124

This marks the fifth consecutive quarter of growth for the company.