Singapore
iFAST Corp reports 340% YoY net profit surge in 2023
Growth was driven by its ePension division and overall core business improvements.
iFAST Corp reports 340% YoY net profit surge in 2023
Growth was driven by its ePension division and overall core business improvements.
Singapore to invest $100m in 10G broadband network
The Nationwide Broadband Network upgrade starts in mid-2024.
High-floor Grade A strata office floor up for sale
The expression of interest ends on 28 March at 3 pm.
SG-based bean-free coffee supplier Prefer raises US$2m in seed funding round
500 Global and SEEDS Capitals were amongst the startup’s investors.
SIAEC, Air India Group ink inventory technical management agreement
The 12-year deal offers Air India extensive Airbus A320 fleet support.
HDB launches over 5000 flats under Feb 2024 BTO and SBF exercises
Over 80% of BTO flats launching will have a waiting time of under 3.5 years.
OUE Healthcare expects higher profit for 2H23 and FY23
The company attributed the expected increase to net fair value gains.
Wilmar International’s net profit dwindles to US$1.5b in FY23
The FY23 net profit was 36.5% lower than the FY22 record.
1.44 million travellers visited Singapore in January
The average length of stay dropped to just 3.45 days, from 4.32 days a year ago.
Prime US REIT’s distributable income slips 2.1% YoY to US$28.6m in 2H23
The REIT attributed the decline to higher finance costs.
Net property income of ARA H-Trust rises 15.1% YoY to US$47.7m in FY23
The REIT attributed the increase to improved revenues and robust operational performance.
UHREIT posts 7.6% YoY higher net property income in FY23
NPI for the period was US$50.7m.
Eileen Tan on digital transformation: Tap into available resources, adapt success cases to avoid trial and error
Embracing a growth mindset is essential for organisations to redefine their role and improve work efficiency.
Singlife ramps up interest rates of flagship digital savings plan
Half of Singaporeans find it hard to meet conditions for maximum interest rates on savings accounts.
Budget 2024: Who are the big winners of SG’s new measures?
Six sectors will benefit the most from the budget, according to an analyst.
Lower property tax to benefit most private owners
Singapore will likely see a 20%-30% lower property tax in 2025.
Daily Markets Briefing: STI down 0.87%; Top stock is SIA
SIA is the top stock despite a 9.498% decrease.